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Uno Minda acquires 49% stake in Minda Nabtesco Automotive

27 Sep 2024 Evaluate

Uno Minda has acquired 24769500 equity shares i.e., 49% stake of Minda Nabtesco Automotive (MNAPL) from Nabtesco Automotive Corporation, Japan, for a total consideration of Rs 1.30 crore. With this acquisition, MNAPL has become an Associate of Uno Minda. 

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

1116.65 -1.20 (-0.11%)
22-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 145.80
Tube Investments 3305.35
Bosch 40275.10
UNO Minda 1116.65
CIE Automotive India 473.60
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