UNO Minda Limited — Major Shareholding Notification 2021

Jun 21, 2021

SINGHAL FINCAP LIMITED (CIN: U65993HR2003PLC089893)

Regd. Office: Village Naharpur Kasan, P.O Nakhrola, Manesar Dist- Gurugram -

120004

E-mail: rarora1@mindagroup.com

Date: 21/06/2021

To,

National Stock Exchange of India Ltd.

Listing Deptt., Exchange Plaza. BandraKurla Complex, Bandra (E), Mumbai - 400 051.

BSE Ltd.

Regd. Office: Floor - 25. Phiroze Jeejeebhoy Towers, Dalal Street. Mumbai-400 001.

Company Secretary. Minda Industries Ltd. B-64/1, Wazirpur Industrial Area, Delhi-110052

Sub: Inter-se Transfer of Shares amongst the Promoter and Promoter Group

Ref: Disclosure pursuant to Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir(s),

We, Singhal Fincap Limited, one of the member of "Promoter Group" of Minda Industries Limited wish to inform that we propose to acquire 4,80,000 equity shares of the face value of Rs. 2 each of the Company from Mr. Nirmal Kr Minda, promoter of the Company, at the Market Price.

This transaction, being an inter-se transfer of shares amongst the promoter and promoter group, falls within the exemptions provided under Regulation $l0(1)(a)(ii)$ of the SEBI (SAST) Regulations, 2011. The Aggregate holding of Promoter and Promoter Group before and after the above inter-se transaction remains the same.

In this connection necessary disclosure under Regulation $10(5)$ for the above said acquisition in the prescribed format is enclosed herewith, duly signed, for your kind information and records.

Kindly take the same on your record and acknowledge the receipt of the same.

Thanking you,

Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.5	Name of the Target Company (TC)	MINDA INDUSTRIES LTD.NSE Scrip Code: MINDAINDBSE Scrip Code: 532539
2.	Name of the acquirer(s)	SINGHAL FINCAP LIMITED
3:	Whether the acquirer $(s)$ is/ are promotersof the TC prior to the transaction. If not,nature of relationship or association withthe TC or its promoters	Yes
4.	Details of the proposed acquisition
Name of the person(s) from whoma.shares are to be acquired		Mr. Nirmal Kr Minda
	Proposed date of acquisitionb.	On or after 28 June, 2021
	Number of shares to be acquired fromc.each person mentioned in 4(a) above	4,80,000 equity shares
	d.Total shares to be acquired as % ofsharecapital of TC	0.17%
	Price at which shares are proposed toe.beAcquired	Market price
	f.Rationale, if any, for the proposedtransfer	Inter-se transfer of shares among the& promoterpromotergroupwithconsideration at market price.
5.	Relevant sub-clause of regulation $10(1)(a)$under which the acquirer is exempted frommaking open offer	Regulation 10(1)(a)(ii) of SEBI (SAST)Regulations, 2011
6.	If, frequently traded, volume weightedaverage market price for a period of 60trading days preceding the date of issuanceof this notice as traded on the stockexchange where the maximum volume oftrading in the shares of the TC are recordedduring such period.	Rs. 556.70 at NSE
7.	If in-frequently traded, the price asdetermined in terms of clause (e) of sub-regulation (2) of regulation 8.	NA
8.5	Declaration by the acquirer, that theacquisition price would not be higher bymore than 25% of the price computed inpoint 6 or point 7 as applicable.	The acquisition will be made throughBlock Deal through stock exchange
9.	Declaration by the acquirer, that thetransferor and transferee have complied(during 3 years prior to the date ofproposed acquisition) / will comply withapplicable disclosurerequirements$\mathbf{in}$Chapter V of the Takeover Regulations,2011 (corresponding provisions of therepealed Takeover Regulations, 1997)	Yes
10.	Declaration by the acquirer that all theconditionsspecified underregulation$10(1)(a)$ with respect to exemptions has	We hereby declare that all the conditionsspecified under regulation $10(1)$ (a) withrespect to exemption has been complied

been duly complied with.	WIth.

11	Shareholding details		Before the proposed		After the
			Transaction#		proposed
					transaction#
			No. of	% w.r.t	No. of	% w.r.t
			Shares/	total	Shares/	total
			voting	share	voting	share
			Rights	capital	rights	capital
				of		of TC
				TC
	A	Acquirer(s) and PACs (otherthan seller) $(*)$	126487611	45.85	126967611	46.02
	$\boldsymbol{B}$	Seller /Gift by	66232700	24.01	65752700	23.83
		Nirmal K Minda
		TOTAL	192720311	69.85	192720311	69.85

Note:

• (*) Shareholding of each entity may be shown separately and then collectively in a group. $\bullet$
• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.
• (#) The above mentioned before and after proposed transaction shareholding details is calculated considering allotment of 39,69,737 nos. of equity shares on 21/06/2021 to the shareholders of Harita Seating Systems Limited being in the category of public shareholders.

For Singhal Fincap Limited GURUGRA ra Arora Company Secretary

Date: 21/06/2021 Place: Gurugram (Haryana)

MINDA INDUSTRIES LIMITED SHAREHOLDING STRUCTURE OF PROMOTER AND PROMOTER GROUP

Name of the Shareholder		Before the proposedTransaction#		Proposed Inter-SeTransaction		After theproposedtransaction#
		No. of	$\frac{0}{0}$	No. of	$\frac{0}{0}$	No. of	% w.r.t
		Shares/	w.r.t	Shares/	w.r.t	Shares/	total
		voting	total	voting	total	voting	share
		Rights	share	Rights	share	rights	capital
			capitalof TC		capitalof TC		of TC
Acquirer(s) and PACs (otherthan seller) $(*)$
$\mathbf{1}$	Nirmal Kr Minda	6,62,32,700	24.01	$(-)$ 4,80,000	$-0.17$	6,57,52,700	23.83
$\overline{2}$	Suman Minda	4,00,00,737	14.50		$- -$	4,00,00,737	14.50
3	Pallak Minda	33,86,133	1.23	$- -$	$-$	33,86,133	1.23
$\overline{\mathbf{4}}$	Paridhi Minda	22,15,643	0.80	$\sim$ $\sim$	mai.	22,15,643	0.80
5	Amit Minda	12,79,614	0.46	$\sim$ $\sim$	ωŵ	12,79,614	0.46
6	Anand Kumar Minda	41,500	0.02	н.	$\ddotsc$	41,500	0.02
7	VaishnoMaaDevi				ωü.
	Endowment	3,24,690	0.12			3,24,690	0.12
8	Minda Investments Ltd.	6,77,74,957	24.57	$\geq$	$\sim$	6,77,74,957	24.57
9	Singhal Fincap Ltd.	77,25,713	2.80	$(+)$ 4,80,000	0.17	82,05,713	2.97
10	Minda Finance Ltd.	37,38,624	1.36			37,38,624	1.36
	TOTAL	19,27,20,311	69.85	$(-)$ 480000$(+)$ 480000	$-0.17$$+0.17$	19,27,20,311	69.85

Note - In addition to the aforesaid acquisition of 4,80,000 equity shares from Mr. Nirmal K. Minda, please note that Minda Investments Limited (Promoter entity) also given an intimation on 16/06/2021 under Regulation 10(5) for the acquisition of 8,30,000 equity shares from Mr. Nirmal K Minda, therefore, the effect of the said acquisition has also been taken while populating the holding of acquirer / seller in the above table.

(#) The above mentioned before and after proposed transaction shareholding details is calculated considering allotment of 39,69,737 nos. of equity shares on 21/06/2021 to the shareholders of Harita Seating Systems Limited being in the category of public shareholders.

For Singhal Fincap L RUGR ora Ric Company Secretary

Date: 21/06/2021 Place: Gurugram (Haryana)