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Minda Industries acquires stake in Strongsun Renewables

13 May 2021 Evaluate

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.

UNO Minda Share Price

1097.30 -12.30 (-1.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
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Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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