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UNO Minda LimitedJV/Acquisition, 19-01-2026: Acquisition

19-01-2026 | 11:14 am

Uno Minda has approved an investment of INR 6.50 Crores to acquire up to a 30% equity stake in Hexa Sunshine Private Limited. This Special Purpose Vehicle will set up wind and solar power plants. The strategic move aims to boost Uno Minda's renewable energy consumption for its Gujarat units, with the company investing INR 5.25 Crores and its subsidiary, Uno Minda Kyoraku Ltd., contributing INR 1.25 Crores. This investment enhances backward integration, securing sustainable power and aligning with green initiatives for its operations.

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