The incorporation follows a joint venture agreement disclosed earlier on March 9, 2026, between Spark Minda Green Mobility Systems Private Ltd (SMGM), a wholly-owned subsidiary of Minda Corporation, and UK’s Turntide Drives Ltd. Shares of Minda Corporation Ltd ended at ₹508.50, down by ₹5.05, or 0.98%, on the BSE today, April 13.
