# 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.

- Type: Acquisition
- Announced: 2019-05-15
- Where: India
- Status: announced
- Products: seating systems for commercial vehicles, tractors, buses
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Minda Industries](https://endata.com/companies/23875.md) (acquirer)
- [Harita Seating Systems](https://endata.com/companies/37357.md) (target)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/minda-industries-merges-harita-seating-system/), 2019-05-15: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.