UNO Minda Limited — JV/Acquisition, 30-07-2026: Acquisition

Uno Minda (UNOMINDA) has boosted its stake in subsidiary Minda Onkyo India Private Limited (MOIPL) by acquiring an additional 19% from Onkyo Sound Corp, Japan. This move increases Uno Minda's ownership in MOIPL to a commanding 99%. This strategic acquisition significantly strengthens Uno Minda's control over MOIPL, enabling deeper integration of operations and likely consolidating financial results more fully. It ensures near-complete ownership, streamlining decision-making and optimizing synergy benefits within its portfolio.