Investment20 Jun 2026, 05:30 pm
UNO Minda subsidiary gets PN3 approval for investment
AI Summary
UNO Minda Ltd has received approval from the Ministry of Heavy Industries under Press Note 3 of 2020 for a proposed investment by lnovance Automotive (HK) Investment Co. Ltd in its wholly-owned subsidiary, Uno Minda Auto Innovations Pvt. Ltd. This approval, received on June 19, 2026, is an interim step. The investment is still subject to necessary regulatory, statutory, and governmental approvals in China/Hong Kong.
Key Highlights
- PN3 approval received for investment in subsidiary.
- Investment by lnovance HK in Uno Minda Auto Innovations.
- Approval is an interim step, subject to foreign regulatory approvals.
- Disclosures available on the company website.
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