UNO Minda Ltd-$

Uno Minda Limited announced four major strategic expansion and plant consolidation projects with a combined investment of ₹1,415 crore. These expansions aim to strengthen manufacturing capabilities and cater to increasing demand from OEMs. The projects include a new greenfield aluminium casting facility in Hosur, expansion and relocation of two-wheeler alloy wheel capacity in Kharkhoda, Haryana, and expansions in moulding and interior/exterior parts and sealing systems. The Hosur facility will significantly increase aluminium casting capacity, while the Kharkhoda plant will enhance geographical diversification for alloy wheels. These initiatives are expected to be implemented over the next two to three years.

UNO Minda's Board of Directors has approved a significant capacity expansion plan across its subsidiaries and associates, involving multiple new plants and upgrades. Key approvals include a new two-wheeler alloy wheel plant in Haryana (₹155 Cr), a casting division plant in Tamil Nadu (₹510 Cr), expansion at a subsidiary's Bengaluru plant (₹80 Cr), and a new facility in Maharashtra for automotive products and airbags (₹670 Cr). The company also approved the issuance of Non-Convertible Debentures (NCDs) up to ₹600 crores and commercial papers up to ₹500 crores to fund these expansions and general corporate purposes. These strategic moves aim to bolster manufacturing capabilities and support future growth, particularly in EV and powertrain applications.

UNO Minda's Board of Directors has approved the issuance of Non-Convertible Debentures (NCDs) up to INR 600 crores. Additionally, the company greenlit significant expansion plans including a new two-wheeler alloy wheel plant in Haryana (INR 155 Cr capex), a new casting division plant in Tamil Nadu (INR 510 Cr capex), capacity expansion at its Bengaluru subsidiary (INR 80 Cr capex), and a new facility for an associate company in Maharashtra (INR 670 Cr capex). The company also approved the issuance of commercial papers up to INR 500 crores.

UNO Minda's Board of Directors approved several significant expansion and investment initiatives. Key approvals include a new Alloy Wheel plant for the AW2W division at Kharkhoda, Haryana, with an estimated capex of INR 155 Crore, involving relocation of existing capacity. The company also greenlit a new Casting Division plant at Hosur, Tamil Nadu, for INR 510 Crores, and capacity expansion at its subsidiary Uno Minda Kyoraku Limited's Bengaluru plant for INR 80 Crores. Additionally, an associate, Toyoda Gosei South India Private Limited, will set up a facility in Chhatrapati Sambhajinagar, Maharashtra, with an estimated capex of INR 670 Crores. The Board also approved the issuance of Non-Convertible Debentures up to INR 600 Crores and Commercial Papers up to INR 500 Crores.

UNO Minda Ltd has announced that its Board of Directors will convene on September 14, 2026. The primary agenda item is to consider and approve the raising of funds through the issuance of Listed Non-Convertible Debentures (NCDs) in one or more tranches. This move is subject to obtaining the necessary regulatory approvals. The company has also informed that the trading window for designated persons will remain closed until 48 hours after the public announcement of this event.

UNO Minda Ltd has received an Order-in-appeal from the Pr. Commissioner (Appeal-II), Central GST, Chennai, concerning a prior order related to excess Input Tax Credit (ITC) availment and non-payment of GST by its erstwhile merged entity, Harita Fehrer Limited. The appellate authority has reduced the original demand, with the revised tax, penalty, and interest amounting to ₹5.02 Crore, ₹0.50 Crore, and applicable interest, respectively. The company received this order on September 3, 2026. UNO Minda intends to contest this order further based on its merits and does not foresee any material impact on its financial or operational activities.

UNO Minda Ltd announced that Dr. Sandhya Shekhar has completed her two-year tenure as a Non-Executive Independent Director. Her term concluded on September 01, 2026, and she has ceased to be an Independent Director. The company expressed its sincere appreciation for her valuable contributions, guidance, and advice during her service. The disclosure follows SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

UNO Minda's subsidiary, Minda Industries Vietnam Company Ltd., has received an order from the Phu Tho Province Tax Department in Vietnam. The order pertains to the imposition of administrative penalties for disallowances during the audit period from FY 2020-21 to 2025-26. The total amount includes tax/duty of ₹0.97 crore, interest of ₹0.19 crore, and penalty of ₹0.19 crore, totaling ₹1.35 crore. The company stated that it does not foresee any material impact on its financial or operational activities and is reviewing the order to take appropriate measures.

UNO Minda Limited's Board of Directors has approved a Scheme of Amalgamation to merge its subsidiary, Minda Onkyo India Pvt. Ltd. (MOIPL), with itself. The amalgamation, subject to regulatory and NCLT approvals, aims to streamline operations and benefit stakeholders. The combined entity will operate under UNO Minda Limited. The transaction is considered an arm's length transaction, with valuations confirmed by independent experts. Both companies are involved in the manufacturing and sale of automotive components.

UNO Minda Ltd announced that its Board of Directors has approved the Scheme of Amalgamation for merging its subsidiary, Minda Onkyo India Pvt. Ltd. (MOIPL), with the parent company, Uno Minda Limited (UML). The merger, subject to regulatory and shareholder approvals, aims to streamline operations and is considered in the best interest of all stakeholders. The transaction is deemed at arm's length, with valuations confirmed by an independent registered valuer and fairness opinion from an independent merchant banker. Both companies are involved in the manufacturing and sale of automotive components.