Joint Venture1 Dec 2025, 10:05 am
Uno Minda Ltd. to Acquire 49.90% Stake in UMBM, Terminate Joint Venture Agreement with Buehler
AI Summary
Uno Minda Ltd. has announced the approval of the acquisition of a 49.90% equity stake held by Buehler Motor GmbH in Uno Minda Buehler Motor Private Limited (UMBM), a subsidiary of the company. This acquisition will result in UMBM becoming a wholly owned subsidiary of Uno Minda Ltd. The company also approved further investment in UnoMinda EV Systems Pvt. Ltd. and the termination of the existing Joint Venture Agreement with Buehler. The acquisition and termination are expected to be completed by Q4 FY26.
Key Highlights
- Acquisition of 49.90% equity stake in UMBM from Buehler Motor GmbH
- UMBM to become a wholly owned subsidiary of Uno Minda Ltd.
- Additional investment in UnoMinda EV Systems Pvt. Ltd.
- Termination of existing Joint Venture Agreement with Buehler
- Expected completion by Q4 FY26