Autoline Industries has received an approval to dispose of assets / disinvestment of stock/ shares of company’s wholly owned subsidiary (WOS) - Autoline Industries Inc., USA and authorized the Executive Committee to look for suitable offer and finalize the deal. The board of directors at its meeting held on March 19, 2014 has approved for the same.
Autoline Industries is a manufacturer of pressed sheet metal automotive components and assemblies, and is engaged in design engineering for automotive original equipment manufacturers (OEMs) based in India, the US and Europe.