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Minda Industries merges Harita Seating Systems · Endata

◂ Announcements

May 15, 2019ACQUISITIONIndia

Minda Industries merges Harita Seating Systems

Minda Industries Limited announced the merger of Harita Seating Systems Limited (HSSL) with itself in a share swap deal, also acquiring a 51% stake in Harita Fehrer Ltd.

Status

Announced

Productsseating systems for commercial vehicles, tractors, buses

CompaniesMinda Industries acquirer Harita Seating Systems target

Sectors#Automotive Components

“The merger of HSSL with MIL was done through a composite scheme of arrangement and the transaction also encompasses Minda getting a 51% stake in Harita Fehrer Ltd.”mnacritique.mergersindia.com

1 source
mnacritique.mergersindia.comMinda Industries merges Harita Seating System | M&A CritiqueAniruddha JainMay 15, 2019

Summarized from public sources; check the original articles before acting on it.

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Jun 13, 2021ACQUISITIONIndia$15.5M
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Apr 1, 2020INVESTMENTIndia, India$4.40Mops Sep 2020
Minda Industries invests Rs 33.5 Cr in TG Minda joint venture
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Minda Industries board approves merger with Harita Seating Systems
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Jul 16, 2018INVESTMENTBawal, Haryana, India$3.50M
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