ASK Automotive approves joint venture with AISIN Group for aftermarket parts

ASK Automotive's board approved a joint venture with Aisin Asia (Thailand) and AISIN Automotive Haryana to market and sell independent aftermarket parts for passenger cars. ASK Automotive will own 51% and invest up to INR 10.71 crore, with the JV becoming its subsidiary.

“The Board of ASK Automotive at its meeting held on 24 April 2024 has granted their approval for entering into a joint venture with Aisin Asia (Thailand) Company, Thailand (AA-T) and AISIN Automotive Haryana, India, (AHL) (AA-T and AHL collectively referred to as AISIN Group Companies), for marketing”capitalmarket.com

• 2 sources
• capitalmarket.comBoard of ASK Automotive approves JV with AISIN Group Companies | Capital Market NewsApr 24, 2024
• capitalmarket.comBoard of ASK Automotive approves JV with AISIN Group Companies | Capital Market NewsApr 24, 2024

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