UNO Minda Limited — Capital/Financing Update 2020

Aug 11, 2020

Ref.No. : Z-IV/R-39/D-2/SE/207 & 204 Date: 11/08/2020

National Stock Exchange of India Limited	BSE Limited
Listing Department, Exchange Plaza,	Registered Office, Floor 25
Bandra Kurla Complex, Sandra (E)	Phiroze Jeejeebhoy Towers
Mumbai - 400 001	Dalal Street, Mumbai - 400 001
Scrip Code: MINDAIND	Scrip Code: 532539

Subject Revised outcome of the Board meeting of Minda Industries Limited (the ''Companv")

Dear Sir/Madam,

This is further to our intimation dated June 29, 2020 with respect to the meeting of the board of directors ("Board of Directors") of Minda Industries Limited ("Company") held on June 29, 2020, approving the issue of equity shares of face value of z 2 each ("Equity Shares") of the Company, by way of a rights issue to the eligible shareholders of the Company for an amount aggregating up to z 250 crores in accordance with applicable laws, including the Securities and Exchange Board oflndia (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations" and the issue "Rights Issue").

In relation to the aforesaid Rights Issue and in accordance with Regulations 30 and 42 of the Securities and Exchange Board oflndia (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended and Regulation 68 of the SEBI ICDR Regulations, the Board of Directors at its meeting held today i.e. August 11, 2020, has approved the following terms of the Rights Issue and the same was intimated to the National Stock Exchange oflndia Limited and BSE Limited by our letter dated August 11, 2020. However, there were certain inadvertent typographical error in the intimation and accordingly, we are refiling the terms of the Rights Issue as approved by the the Board of Directors at its meeting held today i.e. August 11, 2020.

• (a) Issue Price: z 250 per Equity Share (including a premium of z 248 per Equity Share over face value of z 2 per Equity Share);
• (b) Rights Entitlement Ratio: 1 fully paid-up Equity Share for every 27 Equity Shares held by eligible shareholders of the Company as on the record date;
• (c) Total No. of Rights Equity Shares Proposed to be issued: 97,11,739 fully paid Equity Share of face value of z 2 each for amount aggregating to z 242,79,34,750 including securities premium of z 240,85,11,272;
• (d) Record Date: the record date for the purpose of determining the equity shareholders who are entitled to receive the rights entitlement in the Rights Issue is August 17, 2020 ("Record Date");
• (e) Rights Issue schedule:
  • Issue opening date: Tuesday, August 25, 2020
  • Issue closing date: Tuesday, September 8, 2020;
  • Issue Period: Tuesday, August 25, 2020 to Tuesday, September 8, 2020 (both days inclusive) and
  • Last date for on market renunciation: Thursday, September 3, 2020.
• (f) Further, in terms of SEBI Circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020, the Company has made necessary arrangement with NSDL and CDSL for the credits of the rights entitlements in dematerialized form in the demat account of the eligible equity shareholders as on the Record Date. The ISIN of such rights entitlement is INE405E20015. The rights entitlement of the eligible equity shareholders as on the Record Date, shall be credited prior to the issue opening date, in the respective demat account of the eligible equity shareholders underj� ·e.1_11enti0ned ISIN. �S,/x/$':

Q ,T�Z, <SI Contd ... P/2

MINDA INDUSTRIES LTD. (Corporate) Village Nawada Fatehpur, P.O. Sikd 1- -....::::::::=' Haryana - 122004, INDIA . T: +91 124 2290427/28, 2290693/94/96 F: +91 124 2290676/95 Email: info@mindagroup.com, www.unominda.com Regd. Office: B-64/1, Wazirpur Industrial Area, Delhi-110052 CIN No for Corporate: L74899DL 1992PLC050333

.., I L (' . <( l . -

Minda Industries Ltd.

$-2-$

(g) Outstanding Equity Shares:

-prior to the rights issue: 26,22,16,965 Equity shares of $\overline{\tau}$ 2 each -post Rights Issue*: 27,19,28,704 Equity shares of ₹ 2 each *assuming full subscription

Additionally, the Board of Directors also approved the Letter of Offer to be filed with Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited.

The meeting commenced at IST 9.30 am and concluded at IST 10.15 am.

STRI

Thanking you.

Yours faithfully, For Minda Industries Ltd.

$200$ $-72$ Dathi Tarun Kumar Srivastava Company Secretary & Compliance Officer

Annexure A

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/ 2015 dated 9th September, 2015 are given in Annexure A to this letter.

Issuance of Securities: issue of Equity Shares on Right Issue Basis ("Right issue")

Sr.No.	Details of Events that need to beprovided	Information of such events(s)
(i)	type of securities proposed to beissued(viz.equityshares,convertibles etc.);	Equity Shares having Face Value of Rs 2each
(ii)	type of issuance (further publicoffering, rights issue, depositoryreceipts(ADR/GDR),qualifiedinstitutions placement, preferentialallotment etc.);	Rights Issue
(iii)	total number of securities proposedto be issued or the total amount forwhich the securities will be issued(approximately);	Rights issue of 97,11,739* equity shares offace value of Rs.2/-per equity share at aprice of Rs.250/- per equity share in theratio of one rights equity share for every27 equity shares held as on the Recorddate i.e. August 17, 2020*assuming full subscription

■

MINDA INDUSTRIES LTD. (Corporate) Village Nawada Fatehpur, P.O. Sikanderpur Bodda, Manesar, Distt. Gurgaon, Haryana - 122004, INDIA . T: +91 124 2290427/28, 2290693/94/96 F: +91 124 2290676/95 Email: info@mindagroup.com, www.unominda.com Regd. Office: B-64/1, Wazirpur Industrial Area, Delhi-110052 CIN No for Corporate: L74899DL1992PLC050333