Uno Minda Restates JV Agreement with Toyoda Gosei
Uno Minda Limited has executed a restated Joint Venture Agreement with Toyoda Gosei Co. Ltd. on December 23, 2025. This follows Uno Minda's acquisition of a 1.97% equity stake in their joint venture c...
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Why is UNO Minda Limited in the news today?
UNO Minda Limited (UNOMINDA) is in the news due to the announcement details a routine restructuring of shareholding within a joint venture following an internal acquisition. there are no significant positive or negative financial implications mentioned.
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Uno Minda Restates JV Agreement with Toyoda Gosei
December 23, 2025, 12:51 PM
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Uno Minda Limited has executed a restated Joint Venture Agreement with Toyoda Gosei Co. Ltd. on December 23, 2025. This follows Uno Minda's acquisition of a 1.97% equity stake in their joint venture company, Toyoda Gosei Uno Minda India Private Limited, from its promoter group entity, Minda Investments Limited.
Prior to this transaction, Uno Minda held 47.93% equity, Minda Investments Limited held 1.97%, and Toyoda Gosei Co. Ltd. held 51.10% in the joint venture. After acquiring the stake from Minda Investments, Uno Minda's consolidated shareholding is 49.90%, while Toyoda Gosei Co. Ltd. continues to hold 51.10%.
There is no change in the operations, management, or control of the joint venture company as a result of this shareholding consolidation. The restated JV Agreement aims to reflect the consolidated shareholding structure and the mutual understanding of the remaining parties regarding their respective rights and obligations.
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