Uno Minda approves ₹1,415 crore capex and NCD issuance
after close1 source ↓written by the desknot a recommendation
Uno Minda's Board approved capex of ₹1,415 crore for expansions, including a new two-wheeler alloy wheel plant in Haryana (₹155 crore) and a Casting Division expansion in Tamil Nadu (₹510 crore). The issuance of NCDs up to ₹600 crore and Commercial Papers up to ₹500 crore was also authorized, indicating strong growth plans. 📈
Not investment advice. For informational purposes only.