Corporate News     07-Feb-22
Board of Minda Industries approves further investment in YA Auto Industries
At meeting held on 07 February 2022
The Board of Minda Industries at its meeting held on 07 February 2022 has approved acquisition of stake in YA Auto Industries (partnership firm).

YA Auto Industries, is a partnership firm, between Minda Industries (MIL) (holds 51%), Suman Minda (holds 36.50%) and Sanjeev Garg (holds 12.50%). It is engaged in manufacturing of Auto electrical parts.

The Board approved the further investment upto Rs. 1.79 crore in YA Auto Industries for acquisition of 36.50% stake from Suman Minda. Post this acquisition, MIL stake in YA Auto Industries, will be increased from 51% to 87.50%. The transaction is expected to be completed on or before 31 March 2022.

Previous News
  Uno Minda consolidated net profit rises 59.93% in the December 2022 quarter
 ( Results - Announcements 08-Feb-23   14:17 )
  Board of UNO Minda recommends Final Dividend
 ( Corporate News - 23-May-24   15:10 )
  Uno Minda receives NCLT approval for scheme of arrangement
 ( Corporate News - 14-Jul-23   18:18 )
  Uno Minda allots CPs aggregating Rs 100 cr
 ( Corporate News - 27-Jun-24   19:04 )
  Minda Industries acquires 5.24% stake in FRIWO AG, Germany
 ( Corporate News - 30-Jun-22   11:22 )
  Minda Industries appoints director
 ( Corporate News - 04-Apr-22   15:38 )
  Volumes soar at Home First Finance Company India Ltd counter
 ( Hot Pursuit - 17-Aug-23   11:00 )
  UNO Minda to table results
 ( Corporate News - 25-Jan-23   11:45 )
  Minda Industries allots 65,551 equity shares under ESOS
 ( Corporate News - 20-Jun-22   13:11 )
  Minda Industries issues commercial paper of Rs 15 crore
 ( Corporate News - 06-Feb-20   10:04 )
  Board of Minda Industries approves fund raising up to Rs 700 cr
 ( Corporate News - 01-Apr-20   11:56 )
Other Stories
  Vardhan Capital & Finance schedules AGM
  06-Jul-24   17:34
  Automotive Axles schedules AGM
  06-Jul-24   17:34
  Maruti Infrastructure to conduct AGM
  06-Jul-24   17:34
  Torrent Power schedules AGM
  06-Jul-24   17:34
  Raghav Productivity Enhancers to hold AGM
  06-Jul-24   17:34
  Berger Paints India schedules AGM
  06-Jul-24   17:33
  Walpar Nutritions to conduct AGM
  06-Jul-24   17:33
  Weizmann AGM scheduled
  06-Jul-24   17:33
  Gretex Industries schedules AGM
  06-Jul-24   17:33
  Karma Energy schedules AGM
  06-Jul-24   17:33
Back Top