UNO Minda Ltd

Issuance details

• CPs aggregating INR 100 crore issued privately.
• Date of issue/allotment: 25 September 2026.
• Tenor is 90 days with maturity on 24 December 2026.
• Face value per CP is INR 5,00,000.
• Issue price per CP is INR 4,92,351.50.
• Discount rate is 98.4703 percent.
• Coupon rate is 6.30 percent.
• Issuance type is Private Placement.
• Listing: NSE; ISIN INE405E14307.
• Security: Unsecured.
• Credit rating: IND A1+.
• Investor/allottee is Kotak Mahindra Bank.
• Aggregate issue size: INR 100 crore.

Listing and security details

• CPs are listed on the National Stock Exchange of India Limited.
• ISIN: INE405E14307.

Tax Order Details

• Review order for CST Act non-submission of declarations for FY 2015-16 to 2017-18.
• Tax demanded: Rs 27,95,784.
• Penalty Rs 27,95,784; Interest Rs 59,55,156.
• Less paid: Rs 1,74,339; net demand: Rs 1,13,72,385.
• Receipt date: September 24, 2026, 05:42 PM IST.
• Company will contest the order on merits; no material impact expected.

UNO Minda Limited – Closure of Trading Window

Investment and expansions overview

• Total investment across four expansions estimated at ₹1,415 crore.
• Greenfield Aluminium Casting Facility at Hosur capex ₹510 crore.
• Hosur capacity to 30,000 MT at peak.
• Phase 1 production by Q4FY28; consolidation by Q1FY29.
• Kharkhoda expansion adds 3.3 million units; relocate 2.0 million from Supa.
• Kharkhoda capex ₹155 crore; Phase 1 by Q4FY28.
• Total investment across four expansions to strengthen manufacturing footprint.

Schedule and scope details

• Greenfield Hosur facility consolidates existing operations by Q1FY29.
• New Hosur plant enables EV/powertrain, 1.0 Mn HPDC two-wheeler alloy wheels.
• Kharkhoda plant diversifies North India alloy wheel capacity.
• Phase 1 production for both facilities targeted by Q4FY28.
• Combined capex for Hosur and Kharkhoda projects ₹665 crore.

Key Updates

• Board approves DPRs for Kharkhoda, Hosur, Bengaluru (subsidiary), and Chhatrapati Sambhajinagar facilities.
• AW2W plant at Kharkhoda with 3.3m units annual capacity; relocate 2.0m from Supa.
• Hosur Casting expansion: new greenfield facility; capex ~INR 510 crores.
• Bengaluru plant expansion for Uno Minda Kyoraku; capex ~INR 80 crores.
• TGSIN facility at Chhatrapati Sambhajinagar; capex ~INR 670 crores.
• Board approves issuance of NCDs up to INR 600 crores.
• Board approves issuance of Commercial Papers up to INR 500 crores.

Rating action

• Ind-Ra assigns IND A1+ rating to Uno Minda Limited's Commercial Papers.

Instruments / size / maturity

• Instrument: Commercial Papers; Size: INR 3,000 million; Maturity: up to 365 days.

Regulator

• Regulator: RBI.

Issuance details

• Rating action date: 11 September 2026; Rating letter dated 14 September 2026.

Loss/Duplicate certificate filing

• Uno Minda Ltd filed Reg. 39(3) details on loss and duplicate share certificate.

Meeting Details

• September 16, 2026, 10:00 AM–4:00 PM IST; in-person; Jefferies India Forum, one-on-one/group
• September 18, 2026, 9:30 PM–5:30 AM IST; in-person; US NOR (San Francisco)
• September 21, 2026, 6:30 PM–2:30 AM IST; in-person; US NOR (Boston)
• September 22, 2026, 6:30 PM–2:30 AM IST; in-person; US NOR (New York)
• September 23, 2026, 6:30 PM–2:30 AM IST; in-person; US NOR (New York)
• September 24, 2026, 7:30 PM–3:30 AM IST; in-person; US NOR (Chicago)

Participants

• Company officials to participate
• Company Secretary & Compliance Officer (governance contact)

Purpose

• Schedule of Analyst/Institutional Investor meetings

Order-in-appeal update

• Harita Fehrer Limited, merged with Uno Minda Limited, received the order.
• Order-in-appeal reduces demand; tax Rs 5.02 crore, penalty Rs 0.50 crore.
• Interest amount remains as applicable.
• Order relates to excess ITC and GST on BOAT income.
• Order received on September 3, 2026 at 01:29 PM.
• Company intends to contest the Order-in-Appeal on merits; no material financial impact expected.

ESG rating details

• ESG rating of 68 for FY2025-26 assigned by NSE Sustainability Ratings & Analytics Ltd.
• Uno Minda states it did not engage the agency; rating is independently prepared from public data.
• Rating available at NSE Sustainability Ratings & Analytics website; link published in disclosure.
• Disclosure dated September 3, 2026; reference numbers Z-IV/R-39/D-2/174 & 207.