Uno Minda acquires further 26% stake in Minda Westport Technologies

Uno Minda has acquired 26% stake of Minda Westport Technologies (MWTL) from the joint venture partner, Westport Fuel Systems Italia S.R.L. for a total consideration of Rs. 14.81 crore, as per the valuation report.

With this acquisition, now the stake of the Company in MWTL stand increased to 7 6% and MWTL has become a subsidiary of Uno Minda.

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