Minda Corporation has received an approval from the Competition Commission of India (CCI) for the acquisition of up to 8.79% (approximately) of the equity share capital of Pricol (Target). The Target is engaged in the business of manufacturing of automobile components for OEMs, Tier-1 and replacement markets across India and globally.
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.
