Uno Minda Limited’s Board of Directors convened on November 05, 2026, to approve the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the board sanctioned an incremental capital investment of approximately ₹85.00 crore for expanding its sunroof manufacturing capacity in Bawal, Haryana. The company also announced leadership transitions, appointing Mr. Nitesh Minda as Chief Executive Officer (Designate) – SCS Domain.
Financial Results and Leadership Changes
Uno Minda Limited announced key outcomes from its Board of Directors meeting held on Thursday, November 05, 2026. The board reviewed and approved the unaudited financial results, both standalone and consolidated, for the quarter and half-year ending September 30, 2026. The detailed financial statements, along with limited review reports, have been enclosed as Annexure I.
In terms of leadership, Mr. Nitesh Minda will transition into a new role as Chief Executive Officer – SCS Domain. This move is part of a planned leadership succession strategy and follows the upcoming retirement of Mr. A.G. Giridharan. The board appointed Mr. Nitesh Minda as Chief Executive Officer (Designate) – SCS Domain, effective November 05, 2026. He will fully assume the CEO role upon Mr. Giridharan’s retirement.
Further personnel changes include the elevation of Mr. Kartikeya Joshi to the position of Chief Marketing Officer (CMO), effective November 05, 2026. Additionally, Mr. Amit Jain has been assigned the new role of Group Chief Growth and Technology Officer (CGTO), expanding his responsibilities to include technology, R&D strategy, EV business, corporate manufacturing excellence, digital, and strategy functions.
Sunroof Division Expansion
The Board also approved a Detailed Project Report (DPR) for the expansion of the Company’s Sunroof Division. An additional capital investment of approximately ₹85.00 crore has been sanctioned towards enhancing sunroof manufacturing capacity at its Bawal, Haryana facility. This expansion aims to meet increasing customer orders and capitalize on the growing demand for advanced sunroof systems in the Indian passenger vehicle market. The new capacity is anticipated to be commissioned by Q2 FY28.
Disclosure Details
In compliance with SEBI Listing Regulations, the requisite details pertaining to these matters have been enclosed as Annexure II and Annexure III.
The Board Meeting commenced at 11:45 A.M. and concluded at 12:35 P.M. The disclosures are also available on the company’s website, www.unominda.com.
Source: BSE
