Minda Industries has invested in shares of Strongsun Renewables (the SPV) by acquiring 33,750 nos. of equity shares of face value of Rs 10 each at a premium of Rs 70 each i.e. Rs. 80 per share aggregating to Rs 27 lakh. Accordingly, pursuant to above acquisition of shares, the company holds 27.55% of total paid-up share capital of the SPV. This investment is for the company to avail solar power from the SPV for its units situated at Maharashtra region.
Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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