Minda Corporation has voluntarily shut down its non-operative Wholly Owned Subsidiary namely ‘Minda Europe B.V’, Netherlands. Minda Europe is not a material subsidiary of Minda Corporation and therefore it will not impact consolidated financials of the company.
Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM's across the Globe.