Uno Minda Board Approves ₹1.42T Capex, ₹600Cr NCDs
Expansion / Capex
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
14th Sep 2026
Key Approvals and Details
1. New Alloy Wheel Plant at Kharkhoda, Haryana
- Project: Setting up two-wheeler Alloy Wheel plant (AW2W division, LPS domain)
- Location: Kharkhoda, Haryana
- Capacity: 3.3 million units per annum (includes relocation of 2.0 million units from Supa, Maharashtra)
- Investment: ₹155 crores approximately
- Timeline: Phased implementation with start of production (SOP) targeted for Q4 FY2028
- Financing: Term Loan and Internal Accrual
- Rationale: Business growth and meeting customer demand
- Current Utilization: Approximately 70%
2. New Casting Division Facility at Hosur, Tamil Nadu
- Project: Greenfield casting facility expansion
- Location: Hosur, Tamil Nadu
- Product Range: Engine applications, EV/Powertrain applications, structural applications, general applications, HPDC 2-wheeler alloy wheels
- Capacity Addition: 20,557 MT per annum (incremental)
- Existing Capacity: 13,255 MT per annum at 100% utilization
- Investment: ₹510 crores approximately
- Timeline: Phased implementation with SOP targeted for Q4 FY2028; consolidation and relocation of existing Hosur operations by Q1 FY2029
- Financing: Term Loan and Internal Accrual
- Rationale: Business growth and meeting customer demand
3. Bengaluru Plant Expansion of Uno Minda Kyoraku Limited
- Entity: Uno Minda Kyoraku Limited (Subsidiary)
- Project: Capacity expansion at Bengaluru plant
- Existing Capacity: 3.28 million units per annum
- Current Utilization: 91.90%
- Capacity Addition: 1.38 million units per annum (incremental)
- Investment: ₹80 crores approximately
- Timeline: SOP targeted for Q1 FY2028
- Financing: Term loan and Internal Accrual
- Rationale: Business growth and meeting customer demand
4. New Facility for Toyoda Gosei South India Private Limited
- Entity: Toyoda Gosei South India Private Limited (TGSIN) - Subsidiary of Toyoda Gosei Uno Minda India Pvt. Ltd. (Associate)
- Location: Chhatrapati Sambhajinagar, Maharashtra
- Products: Interior and exterior automotive products, airbags, hoses, and body sealing parts
- Existing Capacity: 4.5 lakh units per annum
- Current Utilization: 90% approximately
- Capacity Addition: 1.5 lakh units per annum (incremental)
- Investment: ₹670 crores approximately
- Timeline: Phased implementation with SOP targeted for Q4 FY2029
- Financing: Term Loan and Internal Accrual
- Rationale: Business growth and meeting customer demand
5. Non-Convertible Debentures Issuance
- Instrument: Non-Convertible Debentures (NCD)
- Amount: Up to ₹600 crores in one or more tranches
- Issuance Type: Private Placement
- Listing: BSE Ltd. or National Stock Exchange of India Ltd.
- Key Terms: Tenure, coupon/interest, security/charge, and redemption details to be determined by NCD Committee
- Special Rights: None disclosed (NA)
6. Commercial Paper Issuance
- Instrument: Commercial papers (listed or unlisted)
- Limit: Up to ₹500 crores revolving limit
- Timing: From time to time
Meeting Details
- Date: September 14, 2026
- Duration: 18:40 PM to 19:35 PM (55 minutes)
Additional Information
- Disclosures available on company website: www.unominda.com
- Signed by Tarun Kumar Srivastava, Company Secretary & Compliance Officer (ICSI M. No. 11994)