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 Limited has successfully completed the redemption of its Rs. 100 crore commercial paper on December 16, 2025, as per the scheduled maturity date. The company informed the stock exchanges about this development under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Latest Commercial Paper Redemption Details

The automotive components manufacturer has redeemed its most recent commercial paper issuance as scheduled:

Previous Commercial Paper Activity

The company has maintained an active commercial paper program throughout the year, with multiple issuances and redemptions:

Strategic Financial Management

The systematic approach to commercial paper issuances and redemptions demonstrates UNO Minda's disciplined short-term debt management strategy. The company has been utilizing these instruments to manage working capital requirements while maintaining financial flexibility.

The timely redemption of commercial papers reflects the company's strong cash flow management and ability to meet its short-term obligations as scheduled. This approach provides the automotive components manufacturer with efficient access to short-term funding while maintaining optimal liquidity levels.

Market Implications

The successful completion of the commercial paper cycle reinforces UNO Minda's financial discipline and operational efficiency. For investors, this demonstrates the company's consistent approach to short-term financing and its ability to manage debt obligations effectively within the automotive components sector.