UNO Minda Limited — JV/Acquisition, 06-08-2025: Acquisition

Uno Minda completed a significant acquisition, boosting its EV sector presence. The company acquired a 49.90% stake in Uno Minda EV Systems (UMEVS) and e-drive business assets for a total of Rs 199.29 Cr. This move strengthens Uno Minda's product portfolio for electric two- and three-wheelers, enhancing its technology capabilities. Furthermore, Uno Minda has received in-principal approval to increase its stake in Uno Minda Buehler Motor, a joint venture focused on traction motors for EVs. This strategic push positions Uno Minda for solid growth in the evolving EV market.