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Uno Minda: Uno Minda to enhance stake in JV firm to 76 per cent

Uno Minda, an auto components maker, has approved increasing its stake in joint venture firm Minda Westport Technologies Ltd (MWTL) to 76%. The company plans to acquire an additional 26% stake from its joint venture partner, Westport Fuel Systems Italia. The purchase consideration for the stake is around Rs 15 crore. ....

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Uno Minda to enhance stake in JV firm to 76%

The company s board has approved increasing stake in Minda Westport Technologies Ltd (MWTL) from 50 to 76 per cent by acquiring an additional 26 per cent stake from its joint venture partner Westport Fuel Systems Italia, Uno Minda said in a statement. ....

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