UNO Minda Limited — Others, 29-01-2025: Amendment to AOA/MOA

Uno Minda Limited has announced a board meeting to discuss the Scheme of Amalgamation involving Kosei Minda Aluminum Company, Kosei Minda Mould, and Minda Kosei Aluminum Wheel, which has been sanctioned and became effective today. Shareholders of the transferor companies are set to receive equity shares of Uno Minda based on a specified share swap ratio. The authorized share capital of Uno Minda will be increased to ₹1,148.15 crore, reflecting the amalgamation's financial integration. This development may enhance investor sentiment by consolidating operations, potentially leading to improved efficiencies and a stronger market position.