ZF Steering Gear sells stake in Robert Bosch Automotive Steering

25 Jul 2019 Evaluate

ZF Steering Gear (India) has sold and transferred the shares of Robert Bosch Automotive Steering to Robert Bosch Automotive Steering GmbH, Germany and received the consideration of Rs 62.50 crore. With this transaction Robert Bosch Automotive Steering ceased to be an ‘associate company’ of the Company.

ZF Steering Gear (India) is engaged in the manufacture of Mechanical - worm & roller and integral hydraulic power steering gears in financial and technical collaboration with ZF Friedrichafen AG Germany, the world's largest independent steering gears manufacturer.

ZF Steering Gear (I) Share Price

1509.30 -14.30 (-0.94%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 155.80
TVS Holdings 11039.50
Bosch 34574.75
UNO Minda 1051.85
Endurance Tech 2203.55
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.