Members of the promoter group of Uno Minda have entered into a shareholders' agreement to formally document the existing understanding regarding the exercise of their shareholder rights. The agreement, dated July 7, 2026, was executed to preserve mutual respect, goodwill, and harmony among family members. The parties collectively hold 67.80% in the company.

The agreement was signed by Nirmal Kumar Minda, Suman Minda, Pallak Minda, Paridhi Minda, and several promoter group entities including Minda Investments Limited, Singhal Fincap Limited, Minda Finance Limited, Minda International Limited, and Bar Investments & Finance Private Limited. Samaira Jindal, a relative of a promoter group member, and the Nirmal Suman Minda Family Trust are also parties to the agreement. The disclosure was made to the stock exchanges pursuant to Regulation 30 and 30A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Terms of the Agreement

The shareholders' agreement outlines specific provisions regarding board representation and leadership. During the lifetime of Nirmal Kumar Minda, the parties will continue to be represented on the board by three directors, subject to necessary approvals. Following this period, the representation will reduce to a minimum of two directors. Additionally, Nirmal Kumar Minda will continue to serve as the chairman of the company during his lifetime, subject to board and shareholder approvals.

The agreement also includes customary rights such as the right of first refusal and tag-along rights. A significant restriction imposed by the agreement prohibits the parties from transferring their shares to a competitor.

Impact on Management and Control

The agreement explicitly states that there is no impact on the existing management or control of the listed company. The management and control of Uno Minda will continue to remain with the promoter group. The filing confirmed that there is no potential conflict of interest arising from this agreement and that the transaction does not fall within related party transactions.

Uno Minda Limited has dispatched its Integrated Annual Report for FY 2025-26 and the notice for its 34th Annual General Meeting (AGM) scheduled for Friday, July 31, 2026. The company achieved a record consolidated revenue from operations of ₹19,658 Crores in FY 2025-26, an increase of 17% from ₹16,775 Crores in the previous year. Profit after tax (PAT) attributable to owners rose 27% to ₹1,197 Crores from ₹943 Crores, driven by volume growth and premiumisation.

FY 2025-26 Financial Highlights

The company's consolidated EBITDA increased 20% to ₹2,251 Crores, with margins expanding by 28 basis points to 11.5%. Earnings per share (diluted) grew to ₹20.75 from ₹16.37. On a standalone basis, revenue from operations reached ₹14,699.65 Crores, an 18% increase, while standalone profit after tax grew 22% to ₹971.69 Crores. Group turnover, including joint ventures and associates, exceeded ₹25,200 Crores.

Dividend Declaration

The Board has recommended a final dividend of ₹1.75 per equity share (87.5%) for FY 2025-26, subject to shareholder approval. An interim dividend of ₹0.90 per share was already paid. The total dividend for the year aggregates to ₹2.65 per equity share of ₹2 each (132.5%). The record date for the final dividend is Friday, May 29, 2026, and payment will be made on or before August 30, 2026.

34th AGM Details

The AGM will be held via Video Conference (VC) / Other Audio-Visual Means (OAVM) at 10:30 AM IST. Remote e-voting commences on Tuesday, July 28, 2026, at 9:00 AM IST and concludes on Thursday, July 30, 2026, at 5:00 PM IST. The cut-off date for determining voting eligibility is Friday, July 24, 2026. The agenda includes the re-appointment of M/s S.R. Batliboi & Co. LLP as Statutory Auditors and approval to raise funds up to ₹2,500 Crores.