Minda Industries gets nod to acquire part business from Sensata Technologies

UNO Minda Ltd. | Auto Ancillary | Automobiles | BSE: 532539 | NSE: UNOMINDA

24 Dec 2018 Evaluate

Minda Industries has received approval for acquisition of Magnetic Speed & Position Sensors (Cam, Crank & TISS sensor products) business from Sensata Technologies, i.e. Business Transfer of CAM, Crank & TISS sensors, sharing of know-how, Technical support and Engineering support for 5 years. The Board of Directors of the Company at its meeting held on December 22, 2018 has approved the same.

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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