UNO Minda Limited — QIP/Rights/Pref., 03-01-2025: Allotment of Securities

Uno Minda Limited has announced the allotment of 15,000 unsecured, listed, rated, redeemable, non-convertible debentures (NCDs) at a face value of ₹1,00,000 each, raising ₹150 crores in total. This issuance is divided into two series: ₹100 crores for Series I and ₹50 crores for Series II. The NCDs will pay an annual interest rate of 7.75%, with the first coupon due on January 3, 2026, and will mature on January 4, 2027. This marks the completion of the ₹400 crore NCD program approved by the board in August 2023.