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Mahindra CIE Automotive completes acquisition of Aurangabad Electricals

10 Apr 2019 Evaluate

Mahindra CIE Automotive has completed the acquisition of 100% issued and outstanding share capital of Aurangabad Electricals (AEL) from the respective shareholders and AEL has become a wholly owned subsidiary of the Company.

Mahindra CIE Automotive is a multi-technology automotive components supplier listed on the stock exchanges in Mumbai.

Peers
Company Name CMP
SamvardhanaMotherson 158.60
Tube Investments 2170.00
Bosch 50765.00
UNO Minda 1327.90
Bombay Burmah Trdg. 1283.55
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