UNO Minda Limited — JV/Acquisition, 30-06-2025: Acquisition

Uno Minda Limited has acquired an additional 49.9% stake in UnoMinda EV Systems Pvt Ltd from FRIWO GmbH for Rs 141.27 Cr, taking its ownership to 100%. This move consolidates UnoMinda EV as a wholly owned subsidiary, strengthening Uno Minda’s foothold in the electric vehicle components space and enhancing its control over the EV technology and product portfolio. This acquisition is expected to support the company’s strategic push into the EV market with full operational and financial integration benefits ahead.