News Announcement

UNO Minda: Completion Of The Transaction - Sale Of Equity Stake Held By The Company In Minda Nexgentech Limited

This is in continuation of our earlier intimation dated 08 February 2023 regarding the captioned subject matter.This is to inform that the company has completed the sale of 26% stake (31 20 000 equity shares of face value of INR 10 each) held in Minda Nexgentech Limited (MNGTL) to Pioneer Finest Limited at a total consideration of INR 2.08 Crores. Accordingly effective from 31 May 2023 MNGTL has ceased to be an Associate Company of Uno Minda Limited.

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