Uno Minda is planning to raise funds / issuance of securities upto Rs 1500 crore, by way of debt issue, qualified institutional placement etc. The meeting of the Board of Directors of the Company is scheduled on May 18, 2023, inter alia, to consider and approve the same.
Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.