UNO Minda Approves ₹1,385 Cr Capex for New Plants and Capacity Expansion
UNO Minda's Board approved a total capex of approximately ₹1,385 Crore for multiple new plants and capacity expansions. This includes a ₹155 Cr project for a two-wheeler alloy wheel plant in Haryana and a ₹510 Cr facility for the Casting Division in Hosur. The company also approved NCD issuance up to ₹600 Cr and Commercial Papers up to ₹500 Cr.
The substantial capital expenditure and multiple new facilities across different divisions and subsidiaries will significantly impact the company's production capacity, market reach, and financial performance.
The company is undertaking significant capacity expansions and investments, indicating strong growth prospects and confidence in future demand.
UNO Minda Limited's Board of Directors has approved significant capacity additions and expansions across its divisions. The company will establish a new two-wheeler alloy wheel plant in Kharkhoda, Haryana, with an annual capacity of 3.3 million units, involving a strategic relocation of 2.0 million units from Supa, Maharashtra. This new plant, situated on an existing land parcel, will require an estimated capex of ₹155 Crore and is expected to commence operations with SOP in Q4 FY2028.
Furthermore, the Board has greenlit a new greenfield facility for the Casting Division in Hosur, Tamil Nadu, to manufacture engine applications, EV/Powertrain applications, structural applications, general applications, and HPDC 2-wheels alloy wheels. This expansion will involve an incremental capex of ₹510 Crore, with existing operations to be consolidated and relocated to the new facility by Q1 FY2029. The proposed capacity addition for this division is 20,557 MT p.a., with SOP in Q4 FY2028.
In its subsidiary, Uno Minda Kyoraku Limited, the company approved a capacity expansion at the Bengaluru plant with an estimated capex of ₹80 Crore, targeting SOP in Q1 FY2028. Additionally, an associate company, Toyoda Gosei South India Private Limited (TGSIN), will set up a new facility at Chhatrapati Sambhajinagar, Maharashtra, for interior and exterior automotive products, airbags, hoses, and body sealing parts, requiring an estimated capex of ₹670 Crore. This facility is planned for SOP in Q4 FY2029, with a proposed capacity addition of 1.5 Lakhs units p.a.
To fund these expansions, the company also approved the issuance of Non-Convertible Debentures (NCDs) up to ₹600 Crore and Commercial Papers up to a revolving limit of ₹500 Crore. The Board meeting commenced at 6:40 PM and concluded at 7:35 PM on September 14, 2026.
What to do with a filing like this
UNO Minda Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by UNO Minda Limited. Read the original for the full detail.