Loading…
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 Limited plans to acquire Buehler Motor GmbH's entire stake in their joint venture Uno Minda Buehler Motor Private Limited, which manufactures traction motors for electric two- and three-wheelers in India.