Tata AutoComp Systems has sold a circa 6% stake in its joint venture firm Automotive Stampings and Assemblies for INR35.8m, stock market data showed.

Automotive Stampings, which supplies sheet metal components to the automotive industry, is a joint venture between the Tata group firm and Spain’s Gestamp Servicios.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Data on India’s BSE showed Tata AutoComp had sold 638,790 shares at INR56.02 each, according to Reuters.

As of end-December, Tata AutoComp had a 43.86% stake in Automotive Stampings with Gestamp owning 37.5%, BSE data showed.

Automotive Stampings shares closed down 2.7% in a weak Mumbai market.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now