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Minda Industries informs about outcome of board meeting

24 Dec 2018 Evaluate

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

The above information is a part of company’s filings submitted to BSE.

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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