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Uno Minda rises on completing acquisition of e-drive business assets, IP rights in Germany
Jul-03-2025

Uno Minda is currently trading at Rs. 1103.60, up by 5.30 points or 0.48% from its previous closing of Rs. 1098.30 on the BSE.

The scrip opened at Rs. 1107.25 and has touched a high and low of Rs. 1119.00 and Rs. 1101.55 respectively. So far 15594 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1252.85 on 02-Sep-2024 and a 52 week low of Rs. 768.10 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 1130.95 and Rs. 1067.15 respectively. The current market cap of the company is Rs. 63384.21 crore.

The promoters holding in the company stood at 68.75%, while Institutions and Non-Institutions held 25.20% and 6.04% respectively.

Uno Minda has completed the acquisition of e-drive business assets, Intellectual Property (IP) Rights, the know-how and R&D Team relating to the e-Drives Business technologies including the required control hardware and service software located at Germany, from Friwo Group Entities. This acquisition has been completed through the company's wholly owned subsidiary namely UnoMinda EV Systems.

Further the acquisition of e-Drives Business Assets at Vietnam from Friwo is currently under process and is expected to be completed on or before July 15, 2025.

Uno Minda is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.

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