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Minda Corporation gets NCLT’s nod to amalgamate five subsidiaries with itself

06 Aug 2019 Evaluate

Minda Corporation has received National Company Law Tribunal’s (NCLT) approval for scheme of amalgamation of five domestic Indian wholly owned subsidiary companies i.e. Minda Management Services, Minda SAI, Minda Automotive Solutions, Minda Autoelektrik & Minda Telematics and Electric Mobility Solutions into the company.

The Amalgamation is expected to be beneficial as it would create greater synergies among the businesses and would enable them to have access to wider financial resources, increase the managerial efficiencies, lowering of cost structure and higher transparency.

Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Electronic Controllers for Electric Vehicles and for Auto OEM’s across the Globe. It also manufactures Die Casting Parts for auto and consumer durable industry.


Minda Corporation Share Price

513.55 -2.40 (-0.47%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 122.10
Tube Investments 2745.60
Bosch 37303.75
UNO Minda 1077.55
CIE Automotive India 485.60
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