UNO Minda Approves Audited Results, Recommends Final Dividend, and Plans ₹2500 Crore Fundraising
UNO Minda Limited approved audited financial results for the quarter and year ended March 31, 2026. The Board recommended a final dividend of ₹1.75 per share, totaling ₹2.65 for FY2025-26. Shareholders will vote on authorizing fund-raising up to ₹2,500 crores. The company also approved a ₹550 crore EV powertrain project and a ₹20 crore investment in UMEVS.
The announcement includes approval of financial results, a substantial dividend payout, a large fundraising plan (₹2,500 Cr), and significant investment in EV projects, all of which are material events likely to impact the company's valuation and investor interest.
The company reported audited financial results, recommended a significant final dividend, and outlined plans for substantial fundraising and investment in EV technology, indicating positive future prospects and shareholder returns.
The Board of Directors of UNO Minda Limited, in its meeting held on May 16, 2026, has approved the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026.
The Board has recommended a final dividend of ₹1.75 per share (87.5%), bringing the total dividend for FY2025-26 to ₹2.65 per share (132.5%), subject to shareholder approval at the upcoming Annual General Meeting (AGM). The record date for this dividend is May 29, 2026.
Furthermore, the company announced its intention to seek shareholder approval at the AGM to authorize the Board to raise funds up to ₹2,500 crores through various instruments for its growth strategy and general corporate purposes. The Board also approved a further investment of up to ₹20 crores in its wholly-owned subsidiary, UnoMinda EV Systems Pvt. Ltd. (UMEVS).
In other key decisions, the Board approved the Detailed Project Report for a 4W-EV Powertrain Project with a total project cost of approximately ₹550 crores, including an investment of ₹310.00 crores in the equity capital of its subsidiary, Uno Minda Auto Innovations Private Limited (UMAIPL), over the next two years. The Board also approved a revised consideration for the acquisition of an additional 19% equity stake in Minda Onkyo India Private Limited.
Additionally, the Board approved the re-appointment of M/s Protiviti India Member Private Limited as Internal Auditors, M/s S.R. Batliboi & Co. LLP as Statutory Auditors for a second five-year term, and M/s Jitender Navneet & Co. as Cost Auditors for FY2026-27.
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UNO Minda Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. 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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