Major auto components maker, Uno Minda, on Saturday said that its Board has considered taking enabling authorisation from shareholders for fund raising up to ₹2,500 crore through issue of securities, including foreign currency convertible bonds (FCCBs), other financial instruments/ securities convertible into equity shares, any secured or unsecured bonds/non-convertible debentures (NCDs)/other permissible debt securities.
The funds would be raised by way of a public or private placement, including, but not limited to, a qualified institutions placement (QIP) in one or more tranches, during a period of one year from the date of passing of the Special Resolution by the shareholders of the company, it said.
These funds will be used for the company’s growth strategy and to augment the company’s long-term resources to meet the funding requirements of its business activities and general corporate and other purposes, it added.
Subsidiary investments and EV expansion plans
The Board also approved further investment in equity share capital of Unominda EV Systems Private Limited (UMEVS), a wholly owned subsidiary of the company, for an amount up to ₹20 crore in one or more tranches, it noted.
The Board has approved “Detailed Project Report for the expansion and manufacturing of High Voltage Category of 4W EV Powertrain Products with total project cost of ₹550 approximately to be carried out through its wholly owned subsidiary company M/s Uno Minda Auto Innovations Private Limited (UMAIPL),” it said in a regulatory filing.
The Board has also approved an additional investment of around ₹310 crore in UMAIPL’s equity capital. The said amount is to be invested over the next two years.
Strong Q4 performance driven by broad-based growth
Meanwhile, Uno Minda reported a consolidated net profit of ₹326 crore in the fourth quarter ended March (Q4 FY26), up 22 per cent year-on-year (y-o-y) from ₹266 crore in Q4 FY25.
Consolidated revenue also grew by 18 per cent y-o-y to ₹ 5,336 crore in Q4FY26 compared with ₹4,528 crore in Q4FY25. This growth was broad-based and high-quality, driven by value-added features and volume expansion across our core and emerging product offerings, the company added.
Management outlook and growth roadmap
“Looking ahead to FY27, we enter a critical milestone year where execution and investment scale in tandem. Alongside our ongoing capacity expansions, 7 of our 11 current project lines—including EV Powertrains and Sunroofs — are slated for commercial production or ramp-up. By aligning our deep localisation with tailwinds in premiumisation, safety, and electrification, we are structurally expanding our kit value per vehicle and solidifying our manufacturing leadership,” Ravi Mehra, Managing Director, Uno Minda Group, said.
Dividend declaration for FY26
The Board has also recommended a final dividend of ₹1.75 per share (87.5 per cent of the face value). When combined with the interim dividend already distributed, the total dividend for FY26 would reach ₹2.65 per share, amounting to ₹153 crore, it added.