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UNO Minda Limited Capital/Financing Update 2025

Feb 27, 2025

61248_rns_2025-02-27_c2079286-01af-4fe7-92bf-4d3264852b85.pdf

Capital/Financing Update

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Uno Minda Limited (Formerly known as Minda Industries Limited)

MINDA] IN ►J ��IVING THE NEW-

Ref. No. Z-IV/R-39/D-2/NSE/207 & 174 Date: February 27, 2025

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

Sub: - Credit Rating

Ref: - Regulation 30 & 51 read with Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We wish to inform you that ICRA Limited has revalidated the Commercial Papers Credit Rating of Uno Minda Limited on February 27, 2025 i.e. [ICRA]Al+.

The outlook on said rating remain Stable.

We are enclosing herewith the copy of the letter received from ICRA in this regard.

This is for your information and records please.

Thanking you. Yours faithfully, For Uno Minda Limited (Formerly known as Minda Industries Limited) Ta run Kumar Srivastava Company Secretary & Compliance Officer M. No. A11994 Place: Manesar !) ��t-a_v-cf �R'"

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Digitally signed by TARUN KUMAR SRIVASTAVA TARUN DN: c=IN, o=Personal, title=2859, 2.5.4.20=b75da97dcdac4b03f94d71b5aeb KUMAR e1fc2c9c1b35694f0c224bb63e058861ebec0, postalCode=122004, st=Haryana, serialNumber=0c033cbcccc1565aa8ed57e 3ae894fda59f9e41780ddaf2099191d5dc6 SRIVASTAVA cd5803, cn=TARUN KUMAR SRIVASTAVA Date: 2025.02.27 19:14:59 +05'30'

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1111

www.unominda.com Regd. Office: B-64/1, Wazirpur Industrial Area, Delhi -110052 CIN No.: L74899DL1992PLC050333 Office: Village Nawada Fatehpur, P.O. Sikande'l)ur Badda, Uno Minda Umited (Fonnerty known as Minda Industries Limited) Corpo Manesar, Diffl!�ifdttifll0;y0MBliq22004, INDIA. T: +91 124 2290427/28, 2290693/94/96 F: +91 124 2290676/95 Email: [email protected]

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ICRA Limited

ICRA/UNO Minda Limited/27022025/1

Date: February 27, 2025

Mr. Sunil Bohra

Executive Director, Group CFO

UNO Minda Limited

Village Nawada Fatehpur P. O. Sikanderpur Badda Manesar, Gurgaon 122004

Dear Sir/ Madam,

Re: below mentioned instruments of UNO Minda Limited.

Please refer to your email dated February 25, 2025 , requesting ICRA Limited to revalidate the rating for the below mentioned instruments.

We confirm that the following ratings of the instruments rated by ICRA and last communicated to you vide our letter dated October 29, 2024 , stands valid.

Instrument Rated Amount
(Rs. crore)
Rating Action1
Commercial Paper 200.00 [ICRA]A1+
Total 200.00

We wish to highlight the following with respect to the Rating(s):

  • (a) If the instrument rated, as above, is not issued by you within a period of 3 months from the date of this letter, the Rating(s) would need to be revalidated before issuance;

  • (b) Subject to Clause (c) below, once the instrument is issued, the rating is valid throughout the life of the captioned programme (which shall have a maximum maturity of twelve months from the date of the issuance of the instrument).

  • (c) Notwithstanding anything contain in clause (b) above, ICRA reserves the right to review and/or, revise the above rating at any time on the basis of new information or unavailability of information or such circumstances, which ICRA believes, may have an impact on the aforesaid rating assigned to you.

The Rating(s), as aforesaid, however, should not be treated as a recommendation to buy, sell or hold CP/ STD issued by you. The Rating(s) is restricted to the rated amount mentioned in the letter dated October 29, 2024 . In case, you propose to enhance the size of the rated instrument, the same would require to be rated afresh. ICRA does not assume any responsibility on its part, for any liability, that may arise consequent to your not complying with any eligibility criteria, applicable from time to time, for issuance of rated instrument.

The other terms and conditions for the rating of the captioned instrument shall remain the same as were communicated vide our letter Ref: ICRA/UNO Minda Limited/29102024/01 dated October 29, 2024 .

The Rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated Instrument issued/availed by your company.

1 Complete definitions of the ratings assigned are available at www.icra.in.

Building No. 8, 2[nd] Floor, Tower A DLF Cyber City, Phase II Gurugram 122002, Haryana

Tel.: +91.124 .4545300

CIN: L749999DL1991PLC042749

Website: www.icra.in Email: [email protected] Helpdesk: +91 9354738909

Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41

R A T I N G R E S E A R C H I N F O R M A T I O N

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In line with SEBI Circular No. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2024/160 dated November 18, 2024, issuers are encouraged to utilize the penny-drop verification service as provided by banks. This measure is intended to prevent payment failures when disbursing principal and/or interest to respective investors or debenture holders.

Penny-drop verification serves as an efficient method for confirming the bank account details of persons designated to receive payments. Once an account has been verified through this facility, it can be used for subsequent transactions related to interest and principal payments, thereby ensuring successful remittance and avoiding failure.

We look forward to further strengthening our existing relationship and assure you of our best services.

With kind regards, Yours sincerely, For ICRA Limited

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Vikram V

Vice President & Co-Group Head [email protected]