The board of directors recommended a final dividend of ₹1.75 per share, equivalent to 87.5% of the face value of ₹2 each, for FY26, subject to approval at the ensuing Annual General Meeting. The record date for dividend eligibility has been fixed as Friday, May 29, 2026, and payment will be made within the stipulated timelines if approved.
Also Read: US tariffs to have minimal impact on Uno Minda, says CFO Sunil BohraThe company also noted that an interim dividend of ₹0.90 per share (45% on the face value of ₹2) was already paid during FY26. Total dividend for the financial year ended March 31, 2026, aggregates to ₹2.65 per equity share, or 132.5% on face value.
UNO Minda said its board has sought shareholder approval at the upcoming Annual General Meeting for enabling authorisation to raise up to ₹2,500 crore in one or more tranches. The fundraising may be carried out through instruments including foreign currency convertible bonds (FCCBs), equity-linked securities, bonds, non-convertible debentures, or other debt instruments.
The funds may be raised through public or private placement, including qualified institutions placement (QIP), in domestic or overseas markets, over a period of one year from the date of approval. The proceeds will be used for growth strategy, long-term funding requirements, business operations, and general corporate purposes.Also Read: Uno Minda targets firmer growth on expanding product pipeline, deeper engagement with OEMs: CFO
The board also approved further investment of up to ₹20 crore in UNO Minda EV Systems Private Limited (UMEVS), a wholly owned subsidiary, in one or more tranches.
In addition, the board approved a detailed project report for the expansion and manufacturing of high-voltage category 4W EV powertrain products, including DHT and EDU, with a total project cost of approximately ₹550 crore, to be executed through UNO Minda Auto Innovations Private Limited (UMAIPL). The board also approved further investment of approximately ₹310 crore in the equity capital of UMAIPL over the next two years.
The company further approved a revision in consideration for the acquisition of the remaining 19% equity stake in Minda Onkyo India Private Limited at ₹0.68 per share. The company had earlier acquired 30% stake at the previously approved price of ₹0.65 per share on September 24, 2024, taking the total proposed acquisition to 49% equity.
Also Read: Uno Minda Q2 Results: Profit rises 24% YoY; revenue up 13% on steady demand
On Friday (May 15), shares of UNO Minda Ltd ended at ₹1,131.70, down by ₹10.75, or 0.96%, on the BSE.
