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Uno Minda gets nod to raise up to Rs 600 crore through NCDs

15 Sep 2026 Evaluate

Uno Minda has secured approval to raise up to Rs 600 crore through issuance of Non- Convertible Debentures (NCDs) in one or more tranches/ issuances, for various funding requirements, from time to time. The board of directors of the company at its meeting held on September 14, 2026, has authorised its NCD committee for the purpose of offer, issue and allotment of NCDs and all other incidental activities thereto. 

Additionally, the Board has granted its approval for issuance of Commercial papers, listed or unlisted, up to revolving limit of Rs 500 crore, from time to time.  

Uno Minda is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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