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Munjal Showa Ltd board approves MoU with Hitachi Astemo Ltd Posted On: 2021-02-04 04:57:29 (Time Zone: Arizona, USA) The Board of Directors of Munjal Showa Ltd have agreed to enter into an MoU with Hitachi Astemo Ltd., Promoter of the Company with effect from January 01, 2021 holding 99,60,027 (24.90%) equity shares of the Company. This MoU is an addendum to all the contracts and agreements erstwhile entered with Showa Corporation, Japan which is now merged with Hitachi Automotive Systems Limited alongwith other two companies namely Keihin Corporation and Nissin Kogyo Co. Limited through an absorption type merger and formed Hitachi Astemo Ltd. Shares of MUNJAL SHOWA LTD. was last trading in BSE at Rs.148.75 as compared to the previous close of Rs. 143.2. The total number of shares traded during the day was 19103 in over 551 trades.

United statesHitachi astemo ltdMunjal showa ltdBoard of directors munjal showa ltdHitachi automotive systemsNissin kogyo coKeihin corporationShowa corporationPromoter of the companyShowa ltdHitachi astemoTime zoneHitachi automotive systems limitedNissin kogyoஒன்றுபட்டது மாநிலங்களில்முஞ்சல் ஶோவ லிமிடெட்