Uno Minda has raised Rs 150 crore through the allotment of 15,000 unsecured, listed, rated, redeemable, nonconvertible, non-cumulative, taxable bonds in the nature of Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each on Private Placement basis to the identified investor in second tranche in two series i.e., of Rs.50 crore (Series I) and Rs 100 crore (Series II) respectively. The company is in the process of applying for the listing of these aforesaid Debentures at BSE, Designated Stock Exchange. The NCD Committee of the Board of the company at its meeting held on August 6, 2024, has considered and 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.
