Minda Industries concludes acquisition of Panasonic Minda, Roki Minda
Date: 03-10-2016Minda Industries has completed the acquisition of Panasonic Minda Storage Batteries India (Panasonic Minda) and investment in Roki Minda Company (Roki Minda). Pursuant to this, the company now holds 100% equity shares of Panasonic Minda Storage Batteries India and 49% equity shares of Roki Minda Company.
Minda Industries is engaged in the business of manufacturing switches and batteries for 2/3 wheelers and off-road vehicles.