UNO Minda has successfully concluded the compensation process for fractional share entitlements arising from its recent amalgamation scheme. This development marks a significant milestone in the company's corporate restructuring efforts.

Amalgamation Details

The scheme involved the merger of three transferor companies with UNO Minda:

1. Kosei Minda Aluminum Company Private Limited
2. Kosei Minda Mould Private Limited
3. Minda Kosei Aluminum Wheel Private Limited

The National Company Law Tribunal (NCLT), New Delhi Bench, approved the scheme on December 18, 2024, which became effective on January 29, 2025.

Share Allotment and Exchange Ratio

On August 6, 2025, UNO Minda allotted 2,81,974 equity shares of INR 2 each, based on the following exchange ratios:

Fractional Share Treatment

A sole shareholder became entitled to 0.86 fractional shares, which was rounded off to 1 equity share. The company directly allotted this fractional entitlement to the eligible shareholder on October 28, 2025, well within the required 90-day timeline from the allotment date.

Regulatory Compliance

Both the Audit Committee and Independent Directors of UNO Minda have certified the proper compensation of fractional entitlements. This certification ensures compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically the SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated June 20, 2023.

Conclusion

The completion of this process demonstrates UNO Minda's commitment to transparent and efficient corporate governance. It also marks the successful integration of the transferor companies, potentially streamlining operations and enhancing shareholder value.

UNO Minda , a prominent player in the automotive components industry, has announced the issuance of unlisted commercial paper worth Rs. 100 crore. This move signifies the company's strategic approach to short-term financing and liquidity management.

Key Details of the Commercial Paper

The commercial paper, with its short-term nature, provides UNO Minda with flexible financing options to manage its working capital needs efficiently.

Simultaneous Redemption of Previous Commercial Paper

Coinciding with this new issuance, UNO Minda has also redeemed a previous commercial paper on the same day. The details of the redeemed paper are as follows:

This simultaneous redemption and new issuance suggest a rolling strategy for the company's short-term debt management, potentially aimed at maintaining consistent liquidity levels.

Implications for Investors

The issuance of commercial paper can be seen as an indicator of UNO Minda's financial management and its ability to access short-term funding. It demonstrates the company's approach to managing its working capital requirements and maintaining financial flexibility.

Investors and market watchers may view this development as part of UNO Minda's broader financial strategy, potentially reflecting the company's current operational needs and market conditions. However, it's important to note that while commercial paper issuances can provide insights into a company's short-term financial planning, they should be considered alongside other financial indicators for a comprehensive assessment of the company's financial health.