UNO Minda Limited — JV/Acquisition, 21-05-2025: Acquisition

Uno Minda is reinforcing its position in automotive and EV components with strategic stake increases and fresh capital infusion. It added 1.97% in Toyoda Gosei Uno Minda for Rs. 16.97 Cr, took 26% in Minda Westport for Rs. 14.81 Cr, and secured 49% in Minda Onkyo (Rs. 2.53 Cr) and Minda Nabtesco (Rs. 1.30 Cr), strengthening subsidiaries and associates. A Rs. 20 Cr investment in UnoMinda EV Systems boosts its electric 2W/3W component capabilities, supporting product expansion and technology depth with limited impact on costs.