UNO Minda Ltd - Announcement under Regulation 30 (LODR)-Acquisition

Board approved to invest in the equity shares of Minda Katolec Electronics Services Private Limited (MKESPL) under right issue, aggregating to Rs. 15.30 Crores (Rupees Fifteen Crores and Thirty Lakh Only), once the MKESPL Board raises call for right issue. MKESPL is a Joint Venture between Uno Minda Ltd.('UML') and Katolec Corporation, Japan ('Katolec') in which UML holds fifty-one percent (51%) equity shares and Katolec holds forty-nine percent (49%) of equity shares of the share capital. MKESPL is carrying on the business of high end electronics like Printed Circuit Boards (PCB) and Box Build Assemblies.