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Minda Corporation informs about outcome of board meeting

15 Jan 2025 Evaluate
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, Minda Corporation has informed that the Board of Directors of the Company on January 15, 2025, has agreed to acquire 2,55,40,578 Equity Shares with face value of Rs. 1 each of Flash Electronics (India) (‘Target Company’) representing 49% of the total issued and paid-up equity share capital. Requisite details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure – I to this letter.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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