Uno Minda Limited has announced the acquisition of an additional 19% equity stake in its subsidiary, Minda Onkyo India Private Limited (‘MOIPL’). The purchase involved 1,51,40,352 equity shares from M/s. Onkyo Sound Corporation, Japan. This strategic move brings Uno Minda’s total shareholding in MOIPL to 99%, further consolidating its control and simplifying future strategic operations.
Consolidated Ownership in Subsidiary
Uno Minda Limited has successfully completed the acquisition of an additional equity stake in its subsidiary, Minda Onkyo India Private Limited (MOIPL). The company acquired 1,51,40,352 equity shares, representing a 19% stake, from M/s. Onkyo Sound Corporation, Japan. This transaction was previously intimated through earlier communications dated 07 August 2024, 24 September 2024, and 16 May 2026.
Increased Holding to 99%
Following this acquisition, Uno Minda Limited’s total equity stake in MOIPL has increased to 99%. This significant increase in ownership solidifies the company’s control over its subsidiary, paving the way for more integrated strategic planning and operational efficiencies. The update was formally communicated on July 30, 2026.
Source: BSE
