The Exchange has sought clarification from UNO Minda Limited with respect to recent news item captioned Uno Minda launches advanced trumpet horn range for aftermarket. The response from the Company is attached.
UNOMINDA · price
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NSE asked UNO Minda to explain a recent ET Auto article about a new trumpet horn range for the aftermarket, along with the share price movement on March 9, 2026. The company clarified that this is not a new product — it has been selling trumpet horns for over a decade as part of its existing product portfolio. The news was simply picked up from a routine advertising and promotion campaign in the aftermarket segment, which the company regularly carries out alongside its OEM business. Similar electronic horn products are already widely available from competitors, and the expected revenue from this promotion is not material. The company confirmed there is no undisclosed price-sensitive information, no material event, and no pending agreements or legal proceedings that would require disclosure under SEBI regulations.
Investors should view this as a non-event — the company is explicitly stating that the stock price movement was not driven by any hidden material information. This is a routine promotion in an existing product line and is unlikely to have a meaningful impact on the business or the stock's fair value going forward.