UNO Minda Limited — JV/Acquisition, 30-04-2025: Acquisition

Uno Minda Limited has completed the acquisition of a 70% stake in Uno Minda Auto Innovations Pvt. Ltd. for approximately ₹114 crores. This strategic move bolsters Uno Minda's capabilities in high-voltage powertrain development for electric vehicles, positioning the company favorably in the expanding EV market. The total projected investment is estimated at ₹423 crores, aimed at enhancing production capacity. This acquisition reinforces Uno Minda's growth in the automotive sector, aligning with emerging trends in electric mobility.