UNO Minda Limited — Capital/Financing Update 2020

Aug 11, 2020

MINDA Il(•l l

Minda Industries Ltd.

THINK . INSPIRE . FLOURISH

Ref. No. 2-IV/R-39/D-2/NSE/207 & 174 Date : 11/08/2020

National Stock Exchange of India LimitedListing Department, Exchange Plaza,Sandra Kurla Complex, Sandra (E)Mumbai - 400 00 I	BSE LimitedRegistered Ofce, Floor 25Phiroze Jeejeebhoy TowersDalalStreet, Mumbai-t00 001
**Scrip Code:**MINDAIND	**Scrip Code: **532539

Subject: Outcome of the Board meeting of Minda Industries Limited (the "Company")

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< 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< 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:

• (a) Issue Price: < 250 per Equity Share (including a premium of< 248 per Equity Share over face value of< 2 per Equity Share);

Rights Entitlement Ratio: 1 fully paid-up Equity Shares for every 27 Equity Share held by eligible shareholders as on the record date;

• (b) Total No. of Rights Equity Shares Proposed to be issued: 1,00,00,000 fully paid Equity Share of face value of INR 2 each for amount aggregating to INR 2,50,00,00,000;

• ( c) Record Date: the record date for the purpose of determining the equity shareholders entitled to receive the rights entitlement in the Rights Issue as Monday, August 17, 2020("Record Date");

• ( d) 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.

• (e) 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 oft.he eligihle equity shiireholrlers 11nrler the iifon�mentione.rl TSlN

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MINDA INDUSTRIES LTD. (Corporate) Village Nawada Fatehpur, P.O. Sika adda, 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: L74899DL 1992PLC050333

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