Tag: UzChasys

Minda Industries to acquire 51% stake in Uzbekistan-based UzChasys

Minda Industries limited (‘MIL’) has announced that it has won bid to acquire of 51% stake in leading automotive lighting manufacture UZ Chasys LLC (UZ Chasys) in Uzbekistan for a purchase consideration of 83.1 Bn Sams equivalent to ~Rs 58 Cr. Uzbekistan government is moving toward liberalization of economy and divesting their stake is some…