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Uno Minda's board approved the acquisition of German partner Buehler Motor's 49.9% stake in their joint venture Uno Minda Buehler Motor (UMBM), making it a wholly-owned subsidiary. The stake purchase will be completed in Q4 FY26 for a cash consideration of ₹10.64 lakh.
“Uno Minda on Monday said its Board has approved the acquisition of German partner Buehler Motor's 49.9 per cent stake in their joint venture, Uno Minda Buehler Motor (UMBM), making it a wholly-owned subsidiary of the company.”auto.economictimes.indiatimes.com
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