UNO Minda Limited has issued unlisted commercial paper worth ₹100.00 crores as part of its short-term funding strategy. The company made this disclosure through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The commercial paper issuance carries specific terms and timeline for investors and stakeholders:

The commercial paper represents a tenure of approximately 48 days from allotment to maturity, providing the company with short-term working capital financing.

Regulatory Compliance

UNO Minda Limited has fulfilled its disclosure obligations by informing both major stock exchanges about this commercial paper issuance. The communication was sent to the National Stock Exchange of India Limited and BSE Limited, where the company's shares are listed.

The filing was signed by Tarun Kumar Srivastava, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed for this financial instrument issuance.

Corporate Structure

The company maintains its corporate office at Village Nawada Fatehpur, Gurugram, Haryana, while its registered office is located in Delhi's Wazirpur Industrial Area. UNO Minda Limited operates under CIN number L74899DL1992PLC050333, reflecting its incorporation status and regulatory framework.

UNO Minda Limited has executed a restated joint venture agreement with Toyoda Gosei Co. Ltd. following consolidation of shareholding in their joint venture company, Toyoda Gosei Uno Minda India Private Limited.

Shareholding Consolidation Details

Prior to the consolidation, UNO Minda Limited held a 47.93% equity stake in the joint venture company, while its promoter group entity, Minda Investments Limited, held 1.97%. The joint venture partner, Toyoda Gosei Co. Ltd., maintained 51.10% shareholding.

The company subsequently acquired the entire 1.97% equity stake from Minda Investments Limited, consolidating its position in the joint venture.

Current Shareholding Structure

Following the consolidation, the updated shareholding structure is as follows:

Agreement Purpose and Impact

The restated joint venture agreement was executed to reflect the consolidated shareholding structure after Minda Investments Limited ceased to be a party to the original joint venture agreement. The agreement serves to restate, confirm, and record the mutual understanding and respective rights and obligations of the remaining parties in relation to the joint venture.

Importantly, there are no changes in the operations, management, or control of the joint venture company pursuant to this consolidation of shareholding.

Regulatory Compliance

The detailed disclosure for this transaction has been made pursuant to the provisions of Regulation 30 of SEBI Listing Regulations, read with Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure has also been made available on the company's website at www.unominda.com .

The restated joint venture agreement represents a structural consolidation that strengthens UNO Minda Limited's position in the joint venture while maintaining the established operational framework with Toyoda Gosei Co. Ltd.