Uno Minda gets ministry nod for Inovance HK investment in subsidiary

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uno minda received approval from the Ministry of Heavy Industries for a proposed investment by Inovance Automotive (HK) Investment Co. Ltd in its subsidiary, Uno Minda Auto Innovations Pvt Ltd. The approval, granted under Press Note 3 of 2020 issued by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, marks an interim step in the investment process. Uno Minda Auto Innovations Pvt Ltd is presently a wholly-owned subsidiary of Uno Minda Ltd. The approval was received on June 19, 2026, following an earlier intimation dated February 17, 2025. While this clearance is significant, the…

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