UNO Minda Limited — JV/Acquisition, 16-05-2026: Acquisition

Uno Minda has adjusted acquisition terms for the remaining 19% equity stake in Minda Onkyo India Private Limited (MOIPL), a subsidiary specializing in speaker systems. The consideration is now Rs 0.68 per share, revised from Rs 0.65, reflecting fair market value changes. This move will increase Uno Minda's ownership from 80% to 99%, strengthening its control and strategic integration within the automotive components sector, particularly enhancing its product portfolio in speaker systems.