Key Approval Details
- Approval Date: June 19, 2026
- Approving Authority: Ministry of Heavy Industries
- Regulatory Basis: Press Note 3 of 2020 issued by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry
- Investment Party: Inovance Automotive (HK) Investment Co. Ltd ("Inovance HK")
- Target Company: Uno Minda Auto Innovations Pvt. Ltd. (currently wholly-owned subsidiary of Uno Minda Ltd.)
Transaction Status and Contingencies
The approval represents an important interim step, but the proposed investment by Inovance HK remains contingent upon and subject to receipt of necessary regulatory, statutory, and governmental approvals in foreign jurisdictions, specifically China and Hong Kong.
Document Context
This disclosure serves as a continuation to an earlier intimation dated February 17, 2025. The company has made these disclosures available on its website at www.unominda.com.