UNOMINDANSEUNO Minda LimitedHighPositive
Announced Sat, 16 May · 18:33 IST

UNO Minda Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2026, recommended Final Dividend of Rs. 1.75 per equity share.

Corporate Actions View source PDF

UNOMINDA · price

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AI summary

UNO Minda's Board meeting on May 16, 2026 approved multiple items including audited financial results for Q4 and FY ended March 2026. The company reported standalone revenue of Rs. 14,699.65 crores and net profit of Rs. 971.69 crores for FY 2026, up from Rs. 12,455.66 crores and Rs. 796.26 crores respectively in FY 2025. The Board recommended a final dividend of Rs. 1.75 per share (87.5% on face value Rs. 2), which combined with an interim dividend of Rs. 0.90 already paid makes total dividend of Rs. 2.65 per share (132.5%) for FY 2025-26. Record date for dividend eligibility is May 29, 2026. The Board also approved a Rs. 550 crore 4W-EV Powertrain project through subsidiary UMAIPL, fund-raising authorization up to Rs. 2,500 crores, and additional investments in EV subsidiaries.

Likely market impact

Strong financial performance with 22% revenue growth and 22% rise in net profit reflects healthy business momentum. The increased total dividend payout signals management confidence, while the EV powertrain project and Rs. 2,500 crore fund-raising approval indicate aggressive expansion plans in the electric vehicle segment.