Brief: Minda Corp Signs JV With Infac Elecs For Automotive Antenna Systems
08/06/2021 08:21
June 8 (Reuters) - Minda Corporation Ltd MINC.NS :
* ENTERED INTO & SIGNED JV AGREEMENT WITH INFAC ELECS CO.
LTD
* JV AGREEMENT FOR MANUFACTURING OF ANTENNA FOR AUTOMOTIVE
VEHICLES
* CO TO OWN 51% AND INFAC ELECS CO TO OWN 49% STAKE IN JV
* INITIAL AUTHORISED CAPITAL OF PROPOSED JV CO SHALL BE 200
MILLION RUPEES
Source text for Eikon: ID:nBSE7TtMmx
Further company coverage: MINC.NS
((Reuters.Briefs@thomsonreuters.com;))
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