Acquisition - Uno Minda Ltd

Code BSE: 532539 NSE:

UnoMinda EV Systems Private Limited (wholly owned subsidiary) has completed the acquisition of e-drive business assets, Intellectual Property Rights, the know-how and R&D Team relating to the e-Drives Business technologies including the required control hardware and service software located at Germany, from Friwo Group Entities. Further the acquisition of e-Drives Business Assets at Vietnam from Friwo is currently under process and is expected to be completed on or before July 15, 2025.