Minda Industries announced the reorganization of its business into four domains effective 01 April 2021. These include -
1. Domain name - Electrical & Control Systems (ECS)
CEO - Ravi Mehra
Product lines and products - Switches, Controllers, Sensors, Seat Belts & Gear Shifters, RPAS, Infotainment Systems, EMS
2.
Domain name - Lighting & Acoustics Systems (LAS)
CEO - Rajeev Gandotra
Product lines and products - Lamps, Acoustics, CNG Kits, ASEAN Business
3. Domain name - Light Metal & Powertrain Systems (LPS)
CEO - Kundan K Jha
Product lines and products - 2W & 4W Alloy Wheels, Castings and Filters
4. Domain name - Safety & Comfort Systems (SCS)
CEO - Sudhir Kashyap
At meeting held on 15 March 2021The Board of Minda Industries at its meeting held on 15 March 2021 has approved the appointment of Ravi Mehra (DIN: 01651911) who is whole time director of Mindarika, subsidiary of the Company as an Additional Director and Whole-time Director designated as the Deputy Managing Director of the Company with effect from 1 April, 2021 to hold
office for a tenure of 3 years, liable to retire by rotation.
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Minda Industries announced that the company received the certified copy of NCLT sanction order for Scheme of Amalgamation amongst Harita and Harita Venu and Harita Cheema and Harita Financial Services and Harita Seating Systems and Minda Industries on 12 March 2021.
The Scheme will be effective from the Appointed Date of 1 April 2019 upon the certified copies of the respective orders of the jurisdictional National Company Law Tribunal, sanctioning the Scheme being filed by all the parties to the Scheme with jurisdictional Registrar of Companies.
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KPIT Technologies Ltd clocked volume of 46.84 lakh shares by 10:48 IST on BSE, a 44.23 times surge over two-week average daily volume of 1.06 lakh shares
Torrent Pharmaceuticals Ltd, Supreme Industries Ltd, India Tourism Development Corporation Ltd, Suprajit Engineering Ltd are among the other stocks to see a surge in volumes on BSE today, 10 March 2021.
KPIT Technologies Ltd clocked volume of 46.84 lakh shares by 10:48 IST on BSE, a 44.23 times surge over two-week average daily volume of 1.06 lakh shares. The stock lost 0.62% to Rs.159.75. Volumes stood at 3.27 lakh shares in the last session.
Torrent Pharmaceuticals Ltd registered volume of 67701 shares by 10:48 IST on BSE, a 6.3 fold spurt over two-week average daily volume of 10739 shares. The stock slipped 0.56% to Rs.2,429.45. Volumes stood at 5601 shares in the last session.
Indiabulls Real Estate Ltd, Varun Beverages Ltd, Zensar Technologies Ltd and Solara Active Pharma Sciences Ltd are among the other losers in the BSE s A group today, 08 March 2021.
Indiabulls Real Estate Ltd, Varun Beverages Ltd, Zensar Technologies Ltd and Solara Active Pharma Sciences Ltd are among the other losers in the BSE s A group today, 08 March 2021.
Gabriel India Ltd crashed 4.95% to Rs 119.95 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 2.06 lakh shares were traded on the counter so far as against the average daily volumes of 2.28 lakh shares in the past one month.