UNO Minda Promoters Sign Shareholders' Agreement

UNO Minda Ltd has announced that members of its Promoter/Promoter Group, along with a relative and a family trust, have entered into a Shareholders' Agreement (SHA) dated July 7, 2026. The agreement aims to formally document existing understandings regarding the exercise of shareholder rights to preserve harmony. Key terms include board representation (3 directors during Nirmal Kumar Minda's lifetime, then a minimum of 2), Nirmal Kumar Minda continuing as Chairman during his lifetime, and customary rights like right of first refusal and tag-along rights. The parties are also restricted from transferring shares to competitors. The SHA is not expected to impact the existing management or control of the listed entity, which will continue with the Promoter Group. The parties collectively hold 67.80% of UNO Minda.