Uno Minda Limited to invest in Minda Katolec Electronics Services Pvt Ltd

Uno Minda Limited (formerly known as Minda Industries Limited) has invested a sum of Rs. 15,30,00,000 (Fifteen Crores Thirty Lakhs) to acquire 1,53,00,000 (One Crore Fifty Three Lakhs) Equity Shares offered and issued by Minda Katolec Electronics Services Private Limited (MKESPL) on Rights basis. MKESPL has completed allotment of Equity shares on December 17, 2022. The Shareholding of the Company in MKESPL remains unchanged at 51.00%.

Shares of Minda Industries Limited was last trading in BSE at Rs. 539.10 as compared to the previous close of Rs. 534.25. The total number of shares traded during the day was 18265 in over 1749 trades.

The stock hit an intraday high of Rs. 548.00 and intraday low of 532.40. The net turnover during the day was Rs. 9887202.00.

Source : Equity Bulls

Keywords

UnoMinda INE405E01023 Investment Subsidiary MindaKatolecElectronicsServices