Uno Minda increases stake in joint venture with Toyoda Gosei

Uno Minda Limited has informed stock exchanges it executed a restated Joint Venture Agreement with Toyoda Gosei Co. Ltd. on December 23, 2025. This follows Uno Minda's acquisition of the entire 1.97% equity stake in Toyoda Gosei Uno Minda India Private Limited from Minda Investments Limited, a promoter group entity.

Prior to this acquisition, Uno Minda Limited held 47.93% equity, and Minda Investments Limited held 1.97%, bringing the combined group holding to 49.90%. With the consolidation, Uno Minda now directly holds 49.90% equity in the joint venture company, while Toyoda Gosei Co. Ltd. maintains its 51.10% stake. The company clarified there is no change in the operations, management, or control of the joint venture following this consolidation.

The restated agreement reflects the new consolidated shareholding structure. This transaction ensures a streamlined ownership structure for Uno Minda in its joint venture.