Uno Minda has raised Rs 100 crore through the allotment of 10,000 unsecured, listed, rated, redeemable, non-convertible, non-cumulative, taxable bonds in the nature of Non-Convertible Debentures (NCDs) having a face value of Rs 1,00,000 on Private Placement basis to the identified investor. The NCD Committee of the Board of the Company at its meeting held on April 29, 2024, has considered and approved allotment of 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.
