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- Minda Corp To Acquire 49% Stake In Flash Electronics
Flash Electronics is expected to clock INR 15 billion revenue in FY2025, EBITDA margin of 14 percent and ROCE of over 22 percent The strategic partnership will see Minda Corporation’s automotive body electronics and Flash’s automotive engine and powertrain electronics complement each other to offer a diverse range of solutions to its
- Minda Corporation acquires 49% stake in Flash Electronics . . . - CNBCTV18
Shares of automotive components maker Minda Corporation Ltd surged 5 5% on Wednesday, January 15, after the company announced that its board approved the acquisition of a 49% equity stake in Flash Electronics (India) Private Limited for ₹1,372 crore The acquisition involves the purchase of 2,55,40,578 equity shares, valued at ₹537 18 per
- Flash Electronics (India) Private Limited: Update on material event
Flash Capital Private Limited (FCPL), which is owned by Mr Sanjeev Vasdev, is now the majority shareholder in FEPL Post closing of this acquisition, the shareholding of the company will be 51% FCPL 49% MCL Please refer to the following link for the previous detailed rationale that captures the key rating drivers and their description,
- Minda Corporation Partners with Flash Electronics to Accelerate EV . . .
Flash Electronics got most of its revenue (45%) from electronics and electricals, 20% each from EVs and metallics Two-wheelers contributed 76% of revenue, 3W 4W 7%, other vehicles 8% and
- Minda Corporation to acquire 49% in Flash Electronics
Minda Corporation Ltd said it will acquire a 49% equity stake in Flash Electronics for ₹1,372 crore in cash of aluminum and zinc die-cast and machined components for both the automotive and non-automotive industries in India Flash Electronics got most of its revenue (45%) from electronics and electricals, 20% each from EVs and metallics
- Dilma Auto Trading, Sri Lanka - Company Profile - Volza. com
Dilma Auto Tradings Company Profile with Product wise Import Export Shipment Data along with Company Key Decision Makers Contacts like: Phone Number, Email, Linkedin, and address - Volza DILMA AUTO TRADING ENDURANCE TECHNOLOGIES LI CLAMP INTERNATIONAL FLASH ELECTRONICS I PVT L See More 299,374 SKODA AUTO VOLKSWAGEN INDIA PVT; HMCL
- Minda Corporation to acquire 49% stake in Flash Electronics for INR . . .
Flash has been supplying electricals and electronics for two and three-wheeler ICE, specialising in ignition electricals and electronics In the EV ecosystem, Flash is a solution provider for EV motors, motor controllers, vehicle control units, etc Flash will also soon launch electric powertrain solutions for passenger cars and commercial
- Minda Corporation Acquires 49% Stake in Flash Electronics for ₹1,372 Crore
Minda Corporation Limited has announced a strategic partnership with Flash Electronics (India) Pvt Ltd , involving the acquisition of a 49% equity stake in Flash Electronics for ₹1,372 crore The partnership aims to strengthen both companies’ positions in the electric vehicle (EV) and automotive electronics markets Flash Electronics specializes in automotive engine and powertrain
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