UNO Minda Limited — Capital/Financing Update 2022

Dec 20, 2022

Uno Minda Limited (Formerly known as Minda Industries Limited)

DA ) ��IVIN8 TH ■ N ■ W--

Ref. No. Z-IV/R-39/D-2/NSE/207 & 174 Date: December 20, 2022

National Stock Exchange of India Ltd. BSE Ltd. Listing Deptt., Exchange Plaza, Regd. Office: Floor - 25, Bandra Kurla Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Mumbai - 400 051 Dalal Street, Mumbai-400 001. NSE Scrip: UNOMINDA BSE Scrip: 532539

Subject: - Intimation with respect to execution of Technology License Agreement (TLA) with Ascentec, Korea for automotive sensors

Dear Sir/Madam,

We are pleased to inform that the Company has entered into a Technology License Agreement ("Agreement") with Asentec Co Ltd., Korea ("Licensor/ Asentec") to design, develop, manufacture and market wheel speed sensors for Indian market.

Asentec, a subsidiary of Sejong Industrial, is specialized in mobility parts centered on sensors and actuators with manufacturing facilities in Korea, Vietnam and China. Asentec is leading suppliers to OEMs in Korea and international market.

A press release in this regard is enclosed as Annexure I.

The desired details of the Agreement as required under Regulations 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed as Annexure II to this letter.

This is for your information and records.

Thanking you. Yours faithfully,

For Uno Minda Ltd.

(formerly known as Minda Industries Ltd.)

L0� � �(c)_ Tarun Kumar Srivastava Company Secretary & Compliance Officer

==> picture [75 x 73] intentionally omitted <==

==> picture [91 x 33] intentionally omitted <==

----- Start of picture text -----

Digitally signed by
Tarun Kumar Tarun Kumar
Srivastava
Srivastava Date: 2022.12.20
16:43:40 +05'30'
----- End of picture text -----

Uno Minda Limited (formerly known as Minda Industries Limited) Regd. Office: 8-64/1, Wazirpur Industrial Area, Delhi-110052, CIN: L 7 4899DL 1992PLC050333 Corporate Office: Village Nawada Fatehpur, P.O. Sikanderpur Bodda, 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

==> picture [309 x 49] intentionally omitted <==

----- Start of picture text -----

Ul [t•)][I ][MINDA][)]
Press Release -.:, lVINGI THE NEW-
----- End of picture text -----

Uno Minda enters into Technical License agreement with Ascentec, Korea to strengthen its advance automotive sensors product portfolio

New Delhi, 20[th ] December 2022: Uno Minda Limited ("Uno Minda") (formerly known as Minda Industries Limited), a Tier-1 supplier of proprietary automotive solutions and systems to original equipment manufacturers ("OEMs") has announced that it has entered into Technical License agreement with Asentec Co Ltd. ("Asentec") of Korea, a leading global supplier of Automotive sensors and actuators, to design, develop, manufacture and market wheel speed sensors in India.

Asentec, a subsidiary of Sejong Industrial, specialises in mobility parts centered on sensors and actuators with manufacturing facilities in Korea, Vietnam and China. Asentec is leading suppliers to OEMs in Korea and international market.

Uno Minda had set up separate division for Automotive Sensors few years back considering the rising demand of the evolving technology in Sensor space. SensQr division has come a long way since its inception with manufacturing of Engine and Exhaust Sensors, Transmission& Suspension Sensors and active safety and comfort sensors among others. The current partnership with Asentec will further strengthen its advance sensors product portfolio.

==> picture [34 x 6] intentionally omitted <==

----- Start of picture text -----

*
----- End of picture text -----**

==> picture [212 x 82] intentionally omitted <==

==> picture [81 x 34] intentionally omitted <==

----- Start of picture text -----

Tarun Digitally signed
by Tarun Kumar
Kumar Srivastava
Date: 2022.12.20
Srivastava 16:44:08 +05'30'
----- End of picture text -----

==> picture [294 x 42] intentionally omitted <==

----- Start of picture text -----

111t•)( [MINDA]]
Press Release ---;:) lVING THE NEW-
----- End of picture text -----

About Uno Minda Limited:

Uno Minda Limited (formerly Minda Industries Limited) is a leading global supplier of proprietary automotive solutions and systems to OEMs as Tier-1. Incepted in 1958, It is one of the leading manufacturers of automotive switching systems, automotive lighting systems, automotive acoustics systems, automotive seating systems and alloy wheels in India. It manufactures and supplies over 20 categories of automotive components and systems to leading Indian and international OEMs based in India, Asia, South and North America and Europe. It has a leadership position in India in almost all the products it manufactures. Technology and innovation are the two strong pillars of the organisation, on the basis of which it has continued to lead the emerging trends in the automotive sector, over the past few decades.

The Group is a global player in the automotive sector with overseas manufacturing facilities in Indonesia, Vietnam, Spain, and Mexico, as well as R&D Centres in India, Germany & Spain. It has over 72 manufacturing plants globally and has JVs/Technical Agreements with world renowned manufacturers from Germany, Korea, Japan etc.

For more information about the Group and its businesses, please visit the website at http:/www. unominda .com

	Forfurther information/Mediaqueriesplease contact	Forfurther information/Mediaqueriesplease contact
Inkur Modi		Medha Rani
	Head-Corporate Finance&Communication	Deputy Lead-Corporate Communication
	Uno Minda Limited	Uno Minda Limited
	(Formerly Minda Industries Limited)	(Formerly Minda Industries Limited)
	Email id:amodi@unominda.com	Email id:mrani@unominda.com

a I	https:/twitter.com/unomindacom https:/www.linkedin.com/company/unom inda � a	https://www.facebook.com/unomindagroup
		http://youtube.com/c/unomindagroup

Safe Harbor: This document may contain forward-looking statements about Uno Minda Ltd & its subsidiaries, which are based on the beliefs, opinions and expectations of the company's management as of the date of this press release and the companies do not assume any obligation to update their forward looking statements if those beliefs, opinions, expectations, or other circumstances should change, These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict. Consequently, readers should not place any undue reliance on such forward-looking statements. For historical financial performance, please refer Investor Relations section on the Company website www.unominda.com

==> picture [212 x 74] intentionally omitted <==

• DA DIC l ] ~~-. VINC~~ THE NIEW-

Uno Minda Limited (Formerly known as Minda Industries Limited)

Annexure-11

Sr. No	Pariculars		Information
1	Name(s) of entities with whom		Uno Minda Ltd. ("Licensee") and Asentec Co Ltd.,
	the agreement is signed;		Korea ("Licensor").
2	Area of agreement;		Technology License Agreement (Agreement)
3	Domestic/international;		Domestic
4	Share exchange ratio / JV	ratio;	N.A
5	Scope of business operation of		The Licensor grants to the Licensee an exclusive
	agreement		non-assignable and non-sub licensable (except as
			specifically provided in the Agreement) right to
			use the Licensed Technology in the Territory,
			during the term of the Agreement (Technology
			License). Provided that, wherever appropriate and
			necessary, the Licensor and the Licensee may
			agree otherwise in writing, on a case-by-case
			basis.
			The Licensor grants the Licensee a right to
			undertake application engineering, manufacture
			and sell the Licensed Products using Licensed
			Technology in the Territory.
6	Details of consideration paid / received in agreement		The Licensee shall pay the Licensor Technical Fee and Running Royalty
7	Significant terms and conditions of agreement		The Technology License has been granted to the Licensee for the purpose of undertaking the
			Business in the Territory and specifically for
			undertaking the application engineering,
			manufacturing and sale of the Licensed Products
			**in the Territory. **
8	Whether the acquisition	would	Not applicable
	fall within related	party
	transactions and whether the
	promoter/ promoter	group/
	group companies have any
	interest in the entity	being
	acquired? If yes, nature of
	interest and details thereof and whether the same is done at		Tarun Kumar Srivastava Digitally signed by Tarun Kumar Srivastava Date: 2022.12.20 16:44:53 +05'30'

==> picture [33 x 14] intentionally omitted <==

) �

Uno Minda Limited (formerly known as Minda Industries Limited) Regd. Office: 8-64/1, Wazirpur Industrial Area, Delhi-110052, Cl N: L 7 4899DL1992PLC050333 Corporate Office: Village Nawada Fatehpur, P.O. Sikanderpur Bodda, Manesar, Distt. Gurgaon, Haryana - 12 T: +91 124 2290427/28, 2290693/94/96 Fax: +91 124 2290676/95, Email - info@mindagroup.com, www.unom

==> picture [35 x 23] intentionally omitted <==

==> picture [60 x 21] intentionally omitted <==

==> picture [542 x 163] intentionally omitted <==

==> picture [44 x 32] intentionally omitted <==

Tarun Kumar Digitally signed by Tarun Kumar Srivastava Srivastava Date: 2022.12.20 16:44:26 +05'30'

==> picture [492 x 47] intentionally omitted <==