Held on 25 August 2022
The Board of Uno Minda at its meeting held on 25 August 2022 has approved the following:1. Expansion of Bawal Plant of Minda Kosei Aluminum Wheel (MKA), a material subsidiary of the Company and further investment by the Company in equity shares of MKA.
2. Setting up a manufacturing plant (Phase-I) of Mindarika, a material subsidiary of the Company at Farrukh Nagar.
3. Incorporation of a wholly owned step-down subsidiary of the Company in Dubai, United Arab Emirates.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
