Minda Industries buys stake in FRIWO AG

Minda Industries buys stake in FRIWO AG

by admin- Thursday, June 30th, 2022 03:33:38 PM

Minda Industries has acquired 4,forty eight,162 fairness shares i.E. 5.24% stake in FRIWO AG, Germany, via investing Euro 14.Ninety nine million. The investment has been made within the aforesaid company, after obtaining the needful approvals which includes Reserve Bank of India (“RBI”) below Overseas Direct Investment (“ODI”)
pointers.

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