General Updates

Uno Minda Limited announced it has received approval from the Ministry of Heavy Industries for a proposed investment. This approval, granted on June 19, 2026, pertains to Inovance Automotive (HK) Investment Co. Ltd.'s planned investment in Uno Minda Auto Innovations Pvt. Ltd., a subsidiary. The transaction is greenlighted under Press Note 3 of 2020 regulations. While specific financial figures were not disclosed, this regulatory clearance facilitates a foreign investment that could bolster Uno Minda's automotive innovation capabilities and future growth prospects.