Company Profile

UNO Minda has acquired 26% stake of Minda Westport Technologies (MWTL) from the joint venture partner, Westport Fuel Systems Italia S.R.L. for a total consideration of Rs 14.81 crore, as per the valuation report. 

With this acquisition, now the stake of the Company in MWTL stand increased to 76% and MWTL has become a subsidiary of Uno Minda.

Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

Uno Minda has issued the unlisted Commercial Paper of Rs 100 crore with allotment date April 12, 2024 and due for maturity on June 26, 2024. Earlier, the company had commenced construction work on a passenger vehicle alloy-wheel plant in Haryana, entailing an investment of Rs 542 crore.

Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

UNO Minda is currently trading at Rs. 741.25, up by 15.55 points or 2.14% from its previous closing of Rs. 725.70 on the BSE.

The scrip opened at Rs. 738.45 and has touched a high and low of Rs. 748.00 and Rs. 736.40 respectively. So far 9122 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 764.65 on 09-Apr-2024 and a 52 week low of Rs. 494.50 on 11-Apr-2023.

Last one week high and low of the scrip stood at Rs. 764.65 and Rs. 723.35 respectively. The current market cap of the company is Rs. 42695.41 crore.

The promoters holding in the company stood at 68.73%, while Institutions and Non-Institutions held 24.87% and 6.41% respectively.

Uno Minda has commenced construction work on a passenger vehicle alloy-wheel plant in Haryana, entailing an investment of Rs 542 crore. The facility is located at IMT Kharkhoda in Haryana, and it will have a production capacity of 1.2 lakh wheels per month. The plant will be set up in a phased manner over the next five years, with the first phase expected to be commissioned in the second quarter of FY26.

Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

Uno Minda has commenced construction work on a passenger vehicle alloy-wheel plant in Haryana, entailing an investment of Rs 542 crore. The facility is located at IMT Kharkhoda in Haryana, and it will have a production capacity of 1.2 lakh wheels per month. The plant will be set up in a phased manner over the next five years, with the first phase expected to be commissioned in the second quarter of FY26.

Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

Pursuant to the relevant provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, Uno Minda has informed that the officials of the Company will be meeting the Investor(s) on 28th and 29th March 2024, schedule attached. No unpublished price sensitive information (UPSI) is intended to be discussed during the interactions.