Uno Minda Acquires Full Stake in Subsidiary, Invests INR 40 Crores
Filing Summary
Uno Minda Limited has announced the acquisition of the remaining 49.90% equity stake in its subsidiary, Uno Minda Buehler Motor Private Limited, from joint venture partner Buehler Motor GmbH. This acquisition will make Uno Minda Buehler Motor a wholly owned subsidiary. Additionally, Uno Minda plans to invest up to INR 40 Crores in UnoMinda EV Systems Pvt. Ltd., another wholly owned subsidiary, to support its working capital needs. The board meeting confirming these decisions was held on December 1, 2025, and the transactions are expected to be completed by Q4 FY26 and Q1 FY27, respectively.
Uno Minda Limited has approved the acquisition of the remaining 49.90% equity stake in its subsidiary, Uno Minda Buehler Motor Private Limited (UMBM), from its joint venture partner, Buehler Motor GmbH. This acquisition will result in UMBM becoming a wholly owned subsidiary of Uno Minda. The board also approved a further investment in UnoMinda EV Systems Pvt. Ltd. (UMEVS), a wholly owned subsidiary, amounting to INR 40 Crores to be disbursed in one or more tranches.
The acquisition of UMBM involves a cash consideration of INR 10,64,367 for 1,18,26,300 equity shares. This transaction is classified as a related party transaction, conducted on an arm’s length basis. The investment in UMEVS is intended to support its working capital requirements, with the company holding a 100% equity stake in UMEVS, ensuring no change in shareholding control.
UMBM is engaged in the manufacturing of traction motors for battery-driven electrified two-wheelers and three-wheelers, utilizing electronically commutated DC motors. The company reported a turnover of INR 516 Lakhs for the financial year 2024-25. UMEVS focuses on manufacturing electric vehicle components and systems for two-wheelers and three-wheelers, with a turnover of INR 38,198 Lakhs in the same period.
The acquisition of UMBM is expected to be completed by Q4 FY26, while the investment in UMEVS is projected for completion by Q1 FY27. No governmental or regulatory approvals are required for these transactions.
Involved parties include Uno Minda Limited and Buehler Motor GmbH. The existing joint venture agreement between these entities will be terminated, and UMBM will enter into an amended and restated Technical License Agreement with Buehler. The termination agreement will release all parties from obligations under the previous joint venture agreement.
These strategic moves align with Uno Minda’s focus on expanding its capabilities in the automotive components sector, particularly in the electric vehicle segment. The company’s decision to consolidate its stake in UMBM and invest in UMEVS reflects its commitment to strengthening its position in the market.
Uno Minda Limited is a leading supplier of proprietary automotive solutions to original equipment manufacturers. The company focuses on enhancing its product portfolio and expanding its market presence in the automotive industry, with a particular emphasis on electric vehicle components and systems.