Uno Minda approves capacity expansion and announces senior management changes

Uno Minda Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. Alongside these results, the company’s Board of Directors has approved a significant capital investment of approximately ₹85.00 crore towards expanding its sunroof manufacturing capacity. Furthermore, key senior management roles have been reshuffled, with Nitesh Minda transitioning to Chief Executive Officer – SCS Domain, Kartikeya Joshi appointed as Chief Marketing Officer, and Amit Jain taking on the new role of Group Chief Growth and Technology Officer.

Unaudited Financial Results and Capacity Expansion

Uno Minda Limited has disclosed its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors has also given the green light to a substantial capital investment of approximately ₹85.00 crore. This investment is earmarked for the expansion of the company’s sunroof manufacturing capacity at its facility in Bawal, Haryana. The expansion aims to meet growing customer demand for advanced sunroof systems in the Indian passenger vehicle market, with commissioning expected by Q2 FY28.

Key Leadership Transitions

In a strategic move for leadership succession, Mr. Nitesh Minda will assume the role of Chief Executive Officer – SCS Domain, effective November 05, 2026. He will transition from his current position and will take over fully upon the retirement of the incumbent, Mr. A.G. Giridharan. This appointment was recommended by the Nomination and Remuneration Committee.

Additionally, Mr. Kartikeya Joshi has been elevated to the position of Chief Marketing Officer (CMO), effective November 05, 2026, to lead the Group’s marketing functions.

Mr. Amit Jain has been re-designated as Group Chief Growth and Technology Officer (CGTO). In this expanded capacity, he will continue to oversee the Group’s technology, R&D strategy, and EV business, while also taking charge of Corporate Manufacturing Excellence, Digital, and Strategy functions.

Disclosure Details

The company has provided detailed disclosures regarding the Sunroof Division’s expansion project and the changes in Senior Managerial Personnel (SMP) as per SEBI Listing Regulations.

The Board Meeting commenced at 11:45 A.M. and concluded at 12:35 P.M. on November 05, 2026. These disclosures are also available on the company’s website, www.unominda.com.

Source: BSE

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