CIE Automotive India Limited
Mahindra CIE Automotive Limited is a subsidiary of CIE Automotive S.A, Spain. Mahindra Vehicle Manufacturing Ltd. is also a significant shareholder in the company. The company is engaged in the business of production and sale of automotive components to original equipment manufacturers and other customers in India and overseas.
What CIE files
- Investor Meet86
- Others62
- Important18
- JV/Acquisition8
- PPTs7
- Board Meeting6
CIE Hosur Limited, a subsidiary, disinvested its entire 27.89% stake in Ojaha Renewables Private Limited for Rs. 1.62 Cr. This sale to CSE Development (India) Private Limited means Ojaha Renewables is no longer an associate company.
CIE India invested Rs 1.31 Cr in AMP Energy C&I Thirty Two, acquiring 39.94% stake and making it an associate. This first tranche aims to secure a 7.5 MWp captive solar plant to optimize power costs at its Chakan factory.
CIE Automotive's subsidiary, CIEALCAST, invested 0.875 Cr for 39.91% equity in AMPIN Energy Thirty One, making it an Associate. This establishes a captive solar plant to optimize power costs for the factory.