Uno Minda Ltd. — Investment in Renewable Energy SPV

Uno Minda has approved a strategic investment via its M&A Committee to strengthen renewable energy sourcing for its Gujarat manufacturing units. The move aligns with the company’s long-term sustainability and cost-efficiency goals. 🔸 Key Investment Details • Target Entity: M/s Hexa Sunshine Private Limited (SPV) • Purpose: Wind & solar power sourcing for Uno Minda and UMKL units in Gujarat • Total Investment: ₹6.50 Cr (up to)  – Uno Minda Ltd.: ₹5.25 Cr  – Uno Minda Kyoraku Ltd. (Subsidiary): ₹1.25 Cr • Investment Nature: Cash consideration, in one or more tranches • Strategic Objective:  – Increase renewable energy share in total power consumption  – Support ESG goals and long-term cost optimisation • SPV Business Activity:  – Setting up, generation & distribution of renewable energy in India