# Minda Corporation acquires 49% stake in Flash Electronics for ₹1,372 crore

Minda Corporation has approved the acquisition of a 49% equity stake in Flash Electronics (India) Private Limited for ₹1,372 crore, involving the purchase of 25,540,578 equity shares. The acquisition is expected to be completed by January 31, 2025.

- Type: Acquisition
- Announced: 2025-01-15
- Where: India
- Value: $163.0M (13.7B INR)
- Status: announced
- Products: automotive electrical and electronic components, electric mobility solutions, gears, shafts, transmission assemblies, throttle bodies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Minda Corp.](https://endata.com/companies/54310.md) (acquirer)
- [Flash Electronics (India) Private Limited](https://endata.com/companies/82343.md) (target)
- [Flash Electronics](https://endata.com/companies/82344.md) (target)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/minda-corporation-share-price-acquires-stake-flash-electronics-stock-reaction-19540266.htm), 2025-01-15: "This acquisition is part of Minda Corporation’s strategy to strengthen its presence in the automotive components sector and unlock synergies across product lines, customer networks, technology, and manufacturing excellence."
- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/minda-corporation-partners-with-flash-electronics-to-enhance-ev-platform-in-india/117261041), 2025-01-15: "Minda Corp will acquire a 49% stake in Flash Electronics for INR 1372 crore."
- [cnbctv18.com](https://www.cnbctv18.com/business/companies/minda-corporation-aims-to-create-indias-largest-ev-platform-with-flash-electronics-deal-19541112.htm), 2025-01-16: "We have formed a strategic partnership with Flash Electronics to create the fastest electric vehicle (EV) growing platform in the country."

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