UNO Minda Board Approves FY26 Audited Results, Final Dividend, and Strategic Investments
UNO Minda's Board approved audited FY26 results and recommended a final dividend of ₹1.75 per share, bringing the total FY26 dividend to ₹2.65 per share. The company plans to seek shareholder approval to raise up to ₹2,500 crores. Investments include ₹20 crores in UMEVS and ₹550 crores for a 4W-EV Powertrain Project.
The approval of audited financial results, recommendation of a substantial final dividend, and significant fundraising and investment plans in strategic areas like EV powertrain projects are material events that will likely have a high impact on the company's financial health and future growth prospects.
The announcement details strong financial results, a significant dividend payout, and strategic investments in future growth areas like EV components, indicating positive company performance and outlook.
The Board of Directors of UNO Minda Limited, in its meeting held on May 16, 2026, has approved the audited financial results for the quarter and year ended March 31, 2026, both on standalone and consolidated basis.
The Board has recommended a final dividend of ₹1.75 per share (87.5%) for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). This, combined with the interim dividend of ₹0.90 per share paid earlier, brings the total dividend for FY26 to ₹2.65 per share (132.5%). The record date for dividend eligibility is Friday, May 29, 2026.
Key decisions also include the re-appointment of M/s Protiviti India Member Private Limited as Internal Auditors and M/s Jitender Navneet & Co. as Cost Auditors for the financial year 2026-27. Furthermore, M/s S.R. Batliboi & Co. LLP has been recommended for re-appointment as Statutory Auditors for a second term of five consecutive years, pending shareholder approval at the AGM.
Strategically, the Board approved seeking shareholder authorization at the AGM to raise funds up to ₹2,500 crores for the company's growth and long-term resource augmentation. Additionally, a further investment of up to ₹20 crores is approved for UNO Minda EV Systems Pvt. Ltd. (UMEVS). The Board also approved the Detailed Project Report for a 4W-EV Powertrain Project with an estimated cost of ₹550 crores, to be undertaken by its subsidiary, UNO Minda Auto Innovations Private Limited (UMAIPL), which will also receive an investment of approximately ₹310 crores over the next two years.
In other corporate actions, the Board approved a revised consideration for the acquisition of an additional 19% equity stake in Minda Onkyo India Private Limited, adjusting for changes in fair market value.
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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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