UNO Minda Ltd-$

UNO Minda Limited has announced an update regarding its acquisition in Minda Onkyo India Private Limited (MOIPL). The company has acquired an additional 19% equity stake in MOIPL by purchasing 1,51,40,352 equity shares from M/s. Onkyo Sound Corporation, Japan. This strategic move increases UNO Minda's total stake in MOIPL to 99%. This development follows earlier intimations dated August 7, 2024, September 24, 2024, and May 16, 2026.

UNO Minda Ltd has announced that its Board of Directors will convene on August 4, 2026. The primary agenda item is to consider and approve a proposed merger scheme involving Minda Onkyo India Private Limited, a subsidiary, and Uno Minda Limited. This merger will proceed under Sections 230-232 of the Companies Act, 2013, and other applicable regulations. The board meeting will also address the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The trading window for company securities will remain closed until 48 hours after the results are made public.

Uno Minda Limited has announced that its Board of Directors will convene on Tuesday, August 04, 2026. The primary agenda for this meeting is to consider and approve the un-audited standalone and consolidated financial results for the first quarter of the fiscal year 2026-27, which ended on June 30, 2026. In compliance with SEBI regulations, the trading window for dealing in the company's securities will remain closed for all directors, officers, and designated persons until 48 hours after the financial results are made public on August 04, 2026.

UNO Minda Ltd has provided an update regarding a GST penalty order received on February 5, 2025, for non-payment of GST on reimbursements, import of services, and corporate/bank guarantees. The initial order demanded a penalty of ₹1,71,52,785 plus applicable interest. The company filed an appeal on May 2-3, 2025. The appellate authority has now remanded the case back to the original authority for re-determination of the tax, interest, and penalty amounts. The company received this order on July 13, 2026, and does not foresee any material impact on its financial or operational activities.

UNO Minda Ltd has received an order from the Commissioner of Customs, Jawaharlal Nehru Custom House, imposing an Anti-Dumping Duty on the import of machinery. The company has been demanded to pay ₹48,81,256 in duty, an equal amount as penalty, and applicable interest. The order was received on June 17, 2026. UNO Minda intends to contest the order and does not foresee any material impact on its financial or operational activities.

Uno Minda Limited announced a significant capacity addition by approving the setup of a greenfield manufacturing facility for 4W Passenger Vehicle Seating Systems. The project, with a total cost of ₹320.00 Crores, will be executed through its subsidiary and joint venture, Uno Minda Tachi-S Seating Pvt. Ltd. (UMTS). The company will further invest up to ₹93.00 Crores in UMTS's equity. This expansion aims to cater to business growth and customer demand in the automotive seating segment. The new facility is expected to commence operations in Q4 FY 2027-28 and achieve full capacity by FY 2030-31.

Uno Minda Limited is strategically expanding into the Four-Wheeler (4W) Passenger Vehicle Seating Systems segment, a high-value product category. The company announced the establishment of a new greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra, with an investment of approximately ₹320 crore. This expansion, executed through its Joint Venture, Uno Minda Tachi-S Seating Private Limited, with Japan's TACHI-S Company Limited, aims to significantly increase per-vehicle revenue. The JV has already secured an anchor customer order from a leading OEM, validating the company's capabilities. The new facility is expected to commence operations by Q4FY28, marking a significant step up the automotive value chain.

UNO Minda Ltd's Investment, Mergers & Acquisitions Committee has approved the establishment of a greenfield manufacturing facility for 4W Passenger Vehicle Seating Systems. The project, with a total cost of ₹320 Crores, will be executed through its subsidiary, Uno Minda Tachi-S Seating Pvt. Ltd. (UMTS). The company will also invest up to ₹93 Crores in UMTS's equity capital. This expansion aims to meet customer demand and drive business growth in the automotive seating segment. The new capacity is expected to be added in phases until FY 2030-31, with SOP targeted for Q4 FY 2027-28.

Uno Minda Limited's Investment, Mergers & Acquisitions Committee has approved a greenfield manufacturing facility for 4W Passenger Vehicle Seating Systems with a project cost of ₹320 Crores. This expansion will be executed through its joint venture, Uno Minda Tachi-S Seating Pvt. Ltd. (UMTS). The company will further invest up to ₹93 Crores in UMTS's equity capital. The project aims to meet customer demand and drive business growth, with the new capacity expected to be operational by Q4 FY2027-28 and fully achieved by FY2030-31. The financing will be through equity and term loans.

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.