UNO Minda Limited — QIP/Rights/Pref., 06-02-2025: Issue of Securities

Uno Minda Limited has approved an interim dividend of Rs. 0.75 per equity share for FY 2024-25, with a record date set for February 12, 2025. The board also granted in-principle approval for issuing Non-Convertible Debentures (NCDs) up to Rs. 500 crores in one or more tranches, intended for capital expenditure and investments in subsidiaries. Additionally, the capacity of the Hosur plant is set to expand by 4,000 MT per annum with an estimated investment of Rs. 66 crores. The issuance follows the company's solid financial results for the quarter and nine months ended December 31, 2024.