Minda Industries Limited to acquire Roki Minda Co Ltd. 49% stake in JV for INR 425 million [ India ]
Minda Industries Limited (MIL) announced that board of directors of the company has approved acquisition of 49% equity shares in Roki Minda Co Ltd. for a consideration of INR 425 million. This JV was incorporated in 2012 as a joint venture with ROKI Co. Ltd, Japan holding 51% shares. Roki Minda is a leading manufacturer of air filtration system & Canisters for two wheeler as well as four wh...
<Aug 12, 2016>
Related News File
Uno Minda Group to acquire Delvis, Germany (Oct 08, 2019)
Minda Industries acquires new business during Q1 FY2019-2020 (Aug 06, 2019)
Minda Industries updates about new product development (Jul 15, 2019)
Minda Industries updates about expansions (Jul 11, 2019)