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Omax Autos enters into wage agreement with workers of Manesar unit

12 Nov 2013 Evaluate

Omax Autos’ management has entered into the Wage Agreement with the workers of the Manesar unit. The board of directors at its meeting held on November 11, 2013 has considered, decided and noted the same.

Omax Autos manufactures sheet metal components, precision machined components, tubular metal components and sprockets for supply to domestic automotive OEMs and tier-1 auto component manufacturers in Europe and the United States.

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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