Uno Minda Limited has approved the acquisition of the remaining 49.90% equity stake in Uno Minda Buehler Motor Private Limited (UMBM), making it a wholly-owned subsidiary. The company will also invest up to INR 40 Crores in UnoMinda EV Systems Pvt. Ltd. for its electric vehicle ventures. A joint venture agreement with Buehler will be terminated.
Buehler Motor Stake Acquisition
Uno Minda Limited is set to acquire the entire 49.90% equity stake held by Buehler Motor GmbH in Uno Minda Buehler Motor Private Limited (UMBM). This acquisition will make UMBM a wholly-owned subsidiary (WOS) of Uno Minda Limited. The board approved this transaction on December 1, 2025. Concurrently, the existing Joint Venture Agreement between Uno Minda Limited and Buehler will be terminated.
UMBM is involved in manufacturing traction motors for battery-driven electrified two and three-wheelers. The acquisition is expected to be completed by Q4 FY26.
Investment in EV Systems
The company will further invest in the equity share capital of UnoMinda EV Systems Pvt. Ltd. (UMEVS), a wholly-owned subsidiary, for an amount up to INR 40 Crores. The Board approved this investment on December 1, 2025.
UMEVS is focused on manufacturing EV-specific components and systems for electric 2W and 3W vehicles. This investment is scheduled for completion in Q1 FY27. The turnover for UMEVS in FY25 was ₹38,198.23 Lakhs.
Financial Performance of UMBM
The turnover for Uno Minda Buehler Motor Private Limited (UMBM) for the last three financial years is as follows:
* FY 2024-25: ₹516.13 Lakhs
* FY 2023-24: ₹121.90 Lakhs
Source: BSE
