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Uno Minda informs about outcome of the board meeting

01 Dec 2025 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (the ‘SEBI Listing Regulations’) and in furtherance to its earlier communication dated August 06, 2025, Uno Minda has informed that the Board of Directors, at its meeting held today, Monday, December 01, 2025, has, approved: the acquisition of entire 49.90% equity stake held by joint venture partner Buehler Motor GmbH, Germany (‘Buehler’) in Uno Minda Buehler Motor (‘UMBM’), subsidiary of the Company; termination of the existing Joint Venture Agreement between Uno Minda and Buehler; further Investment in the equity share capital of UnoMinda EV Systems (UMEVS), wholly owned subsidiary of the Company for an amount upto INR 40 Crores in one or more tranches. Upon the acquisition of additional Equity Stake, UMBM shall become the Wholly owned Subsidiary (WOS) of Uno Minda (the company). UMBM will enter into amended and restated Technical License Agreement (TLA) with Buehler. Further, the detailed disclosure for the aforesaid transactions, pursuant to the provisions of Regulation 30 of SEBI Listing Regulations read with Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, as amended, are enclosed as Annexure-1, Annexure II and Annexure III respectively. The Board Meeting commenced at 09:40 am and concluded at 10:00 am. The aforesaid disclosures are also being made available on the website of the Company at www.unominda.com.

The above information is a part of company’s filings submitted to BSE.

UNO Minda Share Price

1106.00 6.35 (0.58%)
16-Apr-2026 11:47 View Price Chart
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