India Motor Parts & Accessories has received an approval from board of directors to sell 31,812 equity shares of M/s. Transenergy for a total consideration of Rs 2.72 crore excluding stamp duty and other charges, if any to M/s Sundaram Finance Holdings. Consequent to selling of the aforesaid equity shares, the company’s stake in Transenergy will reduce from 22.00% to 15.00%. The Board of Directors at their meeting held on March 21, 2023 has approved the same.
India Motor Parts & Accessories is one of the largest all India distributors for automobile spare parts.
| Company Name | CMP |
|---|---|
| Redington | 225.05 |
| Adani Enterprises | 2145.20 |
| Amrapali Industries | 17.95 |
| Rashi Peripheral | 440.00 |
| PDS | 302.40 |
| View more.. | |
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