UNO Minda Limited has informed the Exchange about further investment in the Equity Stake of Clarton Horn, S.A.U., Spain (Wholly Owned Step- Down Subsidiary of the Company) through Global Mazinkert, S.L., Spain (Wholly Owned Subsidiary of the Company}
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UNO Minda's board approved investing up to Euro 5 million (in tranches) into its wholly-owned subsidiary Global Mazinkert, S.L. (Spain), which will further invest into Clarton Horn, S.A.U. (Spain), a wholly-owned step-down subsidiary. The board also gave in-principle approval to acquire the equity stake of Buehler Motor GmbH in their JV 'Uno Minda Buehler Motor Private Limited', as the JV partner has expressed intent to dilute its holding. The board allotted 2,81,974 equity shares to shareholders of three Kosei Minda group companies under the NCLT-approved amalgamation scheme. Separately, Q1 FY26 consolidated revenue rose to Rs 4,489.09 crore (vs Rs 3,817.51 crore YoY) and net profit jumped to Rs 309.03 crore (vs Rs 210.80 crore YoY), with basic EPS at Rs 5.06. Two independent director appointments/re-appointments were also approved.
The Clarton Horn investment and the likely buyout of Buehler Motor's JV stake signal UNO Minda's continued consolidation of its global subsidiaries, which is positive for cleaner control over overseas operations. Strong Q1 numbers with ~46% net profit growth YoY should support sentiment, though the Euro 5 million investment size is relatively small for the company's overall scale.