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Uno Minda gets nod to acquire remaining 3.81% stake of Uno Minda Europe Gmbh

12 Sep 2023 Evaluate

Uno Minda has received an approval for the acquisition of remaining 3.81% stake of Uno Minda Europe Gmbh (Step Down-Subsidiary of the Company) held by George Hutter at a consideration of Euro 1.3 million by SAM Global (Wholly Owned Subsidiary of the Company). Post-acquisition, Uno Minda Europe Gmbh will become wholly owned subsidiary of the Company. The Board of Directors of the Company in its Meeting held on September 12, 2023 has approved 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.


UNO Minda Share Price

1097.30 -12.30 (-1.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
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Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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