UNO Minda Limited has informed the Exchange regarding Change in Auditors of the company.
UNOMINDA · price
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The board approved audited FY25 standalone and consolidated results. Standalone revenue rose to Rs. 12,455.66 crores (vs Rs. 10,498.11 crores in FY24) and net profit grew to Rs. 796.26 crores (vs Rs. 665.41 crores). Consolidated revenue was Rs. 16,774.61 crores with net profit of Rs. 1,020.57 crores. A final dividend of Rs. 1.50 per share was recommended, taking total FY25 dividend to Rs. 2.25 per share (112.5%). The board appointed Protiviti India as the new internal auditor for FY26, re-appointed Jitender Navneet & Co. as cost auditor, and appointed DPV & Associates as secretarial auditor for five years. Shareholders will be asked to approve a fund-raising enabling resolution of up to Rs. 2,500 crores via QIP, FCCBs, NCDs or other instruments. The 2W lighting plants at Bahadurgarh and Sonipat will be consolidated into a new facility at Kharkhoda, Haryana (operations expected from Q4 FY27). The company also approved investing up to Rs. 20 crores in redeemable preference shares of its EV subsidiary UnoMinda EV Systems. S.R. Batliboi & Co. LLP issued an unmodified audit opinion.
Strong FY25 results with profit growth and improved operating margin (10.85% vs 9.64%) support a positive earnings picture, while the Rs. 2,500 crore fund-raise enabling resolution signals upcoming capital action that could be dilutive but is aimed at growth. Higher dividend rewards shareholders, and the EV subsidiary investment plus plant consolidation point to ongoing capacity and EV expansion.