Uno Minda to acquire Kosei’s stakes in KMA and KMM JVs for Rs 71cr

Uno Minda to acquire Kosei’s stakes in KMA and KMM JVs for Rs 71cr

Uno Minda (previously Minda Industries) said that its board has sanctioned the company’s plan to acquire a stake of 81.69% in Kosei Minda Aluminum Company (KMA) and a 49.9% stake in Kosei Minda Mould (KMM) from its Japan-based joint venture (JV) partner Kosei. According to the Indian automotive solutions and systems provider, the acquisition will […]