UNO Minda Limited — Board/Management Information 2021

Feb 4, 2021

MINDA d (•) l

Minda Industries Ltd.

THINK. INSPIRE . FLOURISH

Ref. No: Z-IV/R-39/D-2/174 & 207 Date : 04 February, 2021

stries Ltd.Ref. No: Z-IV/R-39/D-2/174 & 207Date : 04 February, 2021	d (•)MITHINK. INSPIRE . F
BSELd.Regd. Office: Floor - 25,Phiroze Jeejeebhoy Towers,Dalal Street,Mumbai-400 001.	National Stock Exchange of India Ltd.Listing Deptt., Exchange Plaza,Bandra Kurla Complex,Bandra (E),Mumbai - 400 051.
BSE Scrip: 532539	NSE Scrip: MINDAIND

Sub: - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requements) Reglations, 2015

- Outcome of the Board Meeting held on 04 Februar, 2021

Dear Sirs,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the SEBI LODR"), we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. 4 February, 2021, has also approved/noted the following matters:

1. Update on proposed merger of Minda TG Rubber Private Limited with Toyoda Gosei Minda India Pv. Ltd.

In our earlier communication dated November 10, 2020, it was informed that the Board of Directors of the Company, at their meeting held 10[th ] November, 2020, had in-principle approved the merger of its Subsidiary and JV company, namely Minda TG Rubber Private Limited ("MTG") with Toyoda Gosei Minda India Private Limited ("TGM").

Minda TG Rubber Private Limited and Toyoda Gosei Minda India Private Limited both are the Joint Venture Companies, incoriorated lw.,oyoda Gosei Co._Ltd,,J_apan. · l-I:JaJ}-ai:.llNfl Minda Group. lfrMiacl-a-T� tbe-.Compaay bolds5-.1%. - stake ancf 49% stake is held by TG Japan. Similarly, in Toyoda Gosei Minda, 50TO%" stake is held by TG Japan and 47.80% & 2.10% stake is held by the Company and Minda Investments Limited respectively.

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MINDA INDUSTRIES LTD. (Corporate) Village Nawada Fatehpur, P.O. Sikanderpur Badda, Manesar, Distt. Gurgaon, Haryana - 122004, INDIA. T: +91 124 2290427/28, 2290693/94/96 Fax: +91 124 2290676/95, Email· info@mindagroup.com, www.unominda.com, Regd. Office : B-64/1, Wazirpur Industrial Area, Delhi-110052, CIN : L7 4899DL l 992PLC050333

Minda Industries Ltd.

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THINK . INSPIRE . FLOURISH

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However, now it has been decided that instead of sale/ transfer of above shares by the Company to TG Japan, MTG will issue fresh equity shares to TG Japan to attain post-merger holding of 50.10% of TG Japan in the merged entity.

The said merger is subject to approval of the Board of both the Companies and other regulatory approvals.

1. Noting of DPR approved by the Board of Directors of Minda Kyoraku Limited, a Subsidiary company of the Company

Pursuant to Regulation 24(4) of the SEBI LODR, the Board of the Company noted that its subsidiary Minda Kyoraku Limited has approved a DPR for expansion of Plants at Bangalore at an estimated Project cost of Rs. 87.29 Crore. The expected SOP is April, 2022.

You are requested to take the above information in your records.

The meeting commenced at 01.00 p.m. and concluded at 02:35 p.m.

Thanking you,

Yours faithfully, �[p][::::] l :T� e TARUN KUMAR SRIVASTAVA * Company Secretary & Compliance Officer

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Haryana. 122004, INDIA. T: +91 124 2290427 /28, 2290693/94/96 Fax: +91 124 2290676/95, Email - info@mindagroup.com, ww .unominda.com, Regd. Office : B-64/1, Wazirpur Industrial Area, Delhi-110052, CIN : L7 4899DL 1992PLC050333