Uno Minda to invest Rs 33.5 crore in TG Minda joint venture

Uno Minda approved an investment of Rs 33.5 crore in TG Minda, its 49.9% joint venture with Toyoda Gosei, to consolidate Toyoda Gosei's Indian business by transferring shares of Toyoda Gosei South India Ltd. to TG Minda. The transaction is expected to complete by September 2020.

“Uno Minda said that it has approved an investment of Rs. 33.5 crore in TG Minda, a 49.9% joint venture of Uno Minda and Toyoda Gosei”auto.economictimes.indiatimes.com

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• auto.economictimes.indiatimes.comUno Minda to invest Rs 33.5 cr in its joint venture with Toyoda Gosei, ETAutoET AutoApr 1, 2020

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