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Omax Autos inks agreement with Hema Engineering Industries

24 May 2019 Evaluate

Omax Autos has entered into an Asset Purchase Agreement with Hema Engineering Industries on May 22, 2019 for sale of its identified assets. The assets are located at Village Sidhrawali in Gurgaon and Dharuhera, district Rewari in the state of Haryana.

Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.

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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