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UNO Minda Limited ( (IN:UNOMINDA) ) just unveiled an update.
UNO Minda Limited has allotted 364,806 equity shares of Rs 2 each following the exercise of options under its 2019 Employee Stock Option Scheme, with the Nomination and Remuneration Committee approving the issue on 21 February 2026. The move marginally increases the company’s paid-up equity share capital from Rs 1,15,41,03,180 to Rs 1,15,48,32,792, and while the company deems the allotment non-material, it underscores ongoing use of equity-based incentives and will lead to a slight dilution once the new shares are listed on BSE and NSE.
The newly issued shares, which will rank pari passu with existing equity, raise UNO Minda’s total issued equity shares to 57,74,16,396, with exercise prices ranging from Rs 470 to Rs 680 per share. The company is in the process of securing listing approvals from the stock exchanges, indicating that employees who exercised options are set to benefit from direct equity participation, a step that may support retention and alignment of management and staff with long-term performance.
More about UNO Minda Limited
UNO Minda Limited is an Indian automotive components manufacturer serving major vehicle makers through a broad portfolio of products. Listed on both BSE and NSE, the company focuses on supplying key systems and parts to the automotive industry, and uses share-based incentives to align employees with long-term shareholder value.
Average Trading Volume: 27,264
Technical Sentiment Signal: Strong Buy
Current Market Cap: 697.5B INR
For an in-depth examination of UNOMINDA stock, go to TipRanks’ Overview page.