News

With this acquisition, now the stake of the company in UnoMinda EV stand increased to 100%

Accordingly, effective from May 31, 2023, MNGTL has ceased to be an associate company of Uno Minda

The total project cost is estimated at around Rs 423 crore

The NCD Committee of the Board of the company at its meeting held on January 3, 2025, has considered and approved allotment of the same

This acquisition has been completed through the company’s wholly owned subsidiary namely UnoMinda EV Systems

The facility will focus on developing cutting-edge lighting technologies

The company will add 4000 MT Per Annum capacity

The Board of Directors of the company at its Meeting held on November 7, 2023, has approved the same

Total consolidated income of the company increased by 33.07% to Rs 2,919.46 crore for Q3FY23

The board of directors of the company in their meeting held on May 08, 2025, has considered and approved the same

The joint venture plans to incur capital expenditure of Rs 110 crore including sustaining capex over a period of next six years, the investment will be scheduled to meet the demand

The plant will be set up in a phased manner over the next five years

The Board of Directors of the company in its meeting held on November 12, 2024, has approved the same

The Board of Directors of the Company in its Meeting held on September 12, 2023 has approved the same

The plant will manufacture mechanical parts for automotive seats for passenger cars

The transaction is expected to be consummated by end of Q1FY26

The meeting of the Board of Directors of the Company is scheduled on May 18, 2023, inter alia, to consider and approve the same

In August 2023, Uno Minda commissioned its second new EV systems plant under subsidiary Uno Minda Buehler Motor

The commercial production of the expansion is expected to start from December of 2024

The JV Company shall carry on the business of design, development, engineering, manufacturing, sale, distribution and marketing of 4W PV & CV EV Powertrain

With this acquisition, now the stake of the Company in MWTL stand increased to 76%

The NCD Committee of the Board of the company has approved the allotment of 20,000 NCDs having face value of Rs 1,00,000 each

The total capital expenditure for this new manufacturing facility is estimated at around Rs 210 crore to be spent in phased manner

The board of directors at its meeting held on May 18, 2023 has approved the same

Uno Minda being the existing shareholder of the target entity, is holding 100% stake in Target Company

The Board of Directors of the company at its meeting held on September 19, 2024, has approved the same

MKESPL has completed allotment of Equity shares on December 17, 2022

The agreement aims to design, develop, manufacture and market wheel speed

The enterprise value of KMA and KMM considered for the purpose the transaction is around Rs 60 crore and Rs 11 crore respectively

Post allotment, the investment of the Company in the equity shares of UMBM stands at Rs 11.87 crore

The total consolidated income of the company increased by 19.27% at Rs 4535.96 crore for Q4FY25

The company through its wholly owned step-down subsidiary -- Minda industries Vietnam Company has completed the acquisition

Minda Kosei Aluminum Wheel, one of the key subsidiary of Uno Minda, will be expanding its 4W Alloy wheel capacity by 60,000 wheels/month to 240,000 wheel/month at its plant in Bawal, Haryana

The WOS to be incorporated in UAE will have its office in Mainland Dubai, Deira with an initial equity investment of up to Rs 50 lakh

With this acquisition, now the stake of the company in MOIPL stand increased to 80% and MOIPL has become a subsidiary of Uno Minda

With this partnership Uno Minda further builds up on its EV-specific product portfolio for the passenger car market

The TLA is for manufacturing of licensed products i.e. Speakers

With this acquisition, MNAPL has become an Associate of Uno Minda

As it looks to aggressively tap the segment

The purchase consideration for 26% stake is approximate Rs 14.81 crore

The company will hold 51% stake in the Joint Venture while the remaining stake will be held by TACHI-S

The aggregate investment amount will be Rs 6.25 crore