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Material developments from NSE, interpreted by CapitSignal.

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Monday, 14 September 2026

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UNO Minda Ltd.UNOMINDA21:06MixedNotable

Uno Minda approves four expansion projects and debt-market fundraising plans

Capitalfundraise

As filed

UNO Minda Limited has informed the Exchange regarding Outcome of Board Meeting held on September 14, 2026.

Why it matters

CapitSignal interpretation

The approvals indicate a substantial expansion and relocation program across alloy wheels, casting and automotive components, alongside approved debt-market funding capacity. The filing does not state the timing, terms or actual drawdown of the proposed NCDs or commercial papers.

What happened

Fact

Uno Minda’s Board approved DPRs for new or expanded facilities in Kharkhoda, Hosur, Bengaluru and Chhatrapati Sambhajinagar, with estimated project capex of INR 155 crore, INR 510 crore, INR 80 crore and INR 670 crore, respectively. It also approved issuance of NCDs up to INR 600 crore and commercial papers up to a revolving limit of INR 500 crore.

INR 155 crore approx.Kharkhoda alloy wheel plant capex
Estimated additional capex for a two-wheeler alloy wheel plant with annual capacity of 3.3 million units, including relocation of 2.0 million units of existing capacity from Supa
INR 510 crore approx.Hosur casting facility capex
Estimated incremental capex for a new greenfield casting facility; existing Hosur operations are to be consolidated and relocated by Q1 FY2029
INR 80.00 crore approx.Bengaluru plant expansion capex
Total estimated capex for capacity expansion at the Bengaluru plant of Uno Minda Kyoraku Limited
INR 670.00 crore approx.Chhatrapati Sambhajinagar facility capex
Total estimated capex for TGSIN’s facility for manufacturing interior and exterior automotive products, airbags, hoses and body sealing parts
Up to INR 600 croreNon-convertible debentures
Approved issuance limit
Up to a revolving limit of INR 500 croreCommercial papers
Approved issuance limit from time to time

Watch next

Fact

Execution and commissioning timelines for the Kharkhoda, Hosur, Bengaluru and Chhatrapati Sambhajinagar projects
Progress on relocating the existing Hosur casting operations by Q1 FY2029
Whether the approved NCD and commercial-paper limits are issued or drawn, and on what terms

Full analysis Company memory

Shivalik Rasayan LimitedSHIVALIK16:21MixedNotable

Shivalik Rasayan allots equity shares and convertible warrants for Rs. 30,74,97,500

Capitalpreferential allotment

As filed

Shivalik Rasayan Limited has informed the Exchange regarding Outcome of Board Meeting held on September 14, 2026.

Why it matters

CapitSignal interpretation

The allotments bring in stated cash consideration of Rs. 30,74,97,500 and increase the company’s equity base. The warrants include an allotment of 4,28,000 warrants to promoter Growel Remedies Limited, while the filing does not state the use of proceeds or conversion timeline.

What happened

Fact

Shivalik Rasayan allotted 2,82,000 equity shares at Rs. 250 per share to public-category allottees for an aggregate Rs. 7,05,00,000. The company also allotted 9,47,990 fully convertible warrants at Rs. 250 per warrant for an aggregate Rs. 23,69,97,500 to promoter and public-category allottees.

2,82,000Equity shares allotted
Preferential allotment to public-category allottees
Rs. 250 per shareEquity issue price
Issue price for the equity shares
Rs. 7,05,00,000Equity allotment amount
Aggregate cash consideration
9,47,990Convertible warrants allotted
Preferential allotment to promoter and public-category allottees
Rs. 250 per warrantWarrant issue price
Issue price for the fully convertible warrants
Rs. 23,69,97,500Warrant allotment amount
Aggregate cash consideration
Rs. 8,49,01,775 comprising 1,69,80,355 sharesFully diluted equity share capital
Share capital after the warrant allotment on a fully diluted basis

Watch next

Fact

Any subsequent conversion of the 9,47,990 fully convertible warrants into equity shares
The company’s stated use of the Rs. 30,74,97,500 allotment proceeds
Changes in promoter and public shareholding following the allotments

Full analysis Company memory