Brief: Minda Corp Signs JV With Infac Elecs For Automotive Antenna Systems

Minda

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;))