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Minda Industries completes acquisition of 41.67% stake in TG Minda

01 Oct 2018 Evaluate

Minda Industries has completed acquisition of 41.67% stake in Toyoda Gosei Minda India (TG Minda) on September 28, 2018. With this acquisition, now, the company holds 47.80% stake in TG Minda. TG Minda is a Joint Venture company of Minda Industries.

Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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