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Epic Research Update : Minda Industries

Minda Industries has received an approval for hiving off of the running business of Battery Division of the company, located at Pant Nagar in state of Uttrakhand to a prospective joint venture (JV) between Minda Industries and Panasonic Corporation, subject to requisite approvals. The board of directors at their meeting held on November 11, 2014 has approved for the same.

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