Appointment of Ms. Meenal Bansal as Company Secretary and Compliance Officer

September 24, 2026 The Officer-In-Charge (Listing) Head - Listing Operations, Listing Department BSE Limited, National Stock Exchange of India Ltd., Exchange Plaza, P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Fort, Mumbai – 400 001 Scrip Code: MINDACORP Scrip Code: 538962 Sub: Outcome of Board Meeting of Minda Corporation Limited held on Thursday, September 24, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company at their meeting held on today i.e. Thursday, September 24, 2026 have considered and approved the following: 1. Approval for issuance of Non-Convertible Debentures aggregating up to Rs. 500 crore in one or more tranches. (Annexure 1) The Board of Directors have accorded its approval for raising funds of upto Rs. 500 Crore (Rupees Five Hundred Crore Only) through issuance of Non-Convertible Debentures on a private placement basis, in one or more tranches, for various funding requirements, from time to time. 2. Incorporation of new Company in China (Annexure 2) The Board of Directors has approved the incorporation of a wholly owned subsidiary in China with a proposed investment of up to USD 1 million. 3. Approval of Sale of Investment in EVQ Point Solutions Pvt. Ltd., India (Annexure 3) The Board has approved the sale of investment held in EVQ Point Solutions Private Limited through Spark Minda Green Mobility Systems Private Limited (Wholly Owned Subsidiary of the Company). EVQ Point Solutions Private Limited is a step-down associate company of the Company, in which Spark Minda Green Mobility Systems Private Limited holds 29.5% equity stake. Consideration for the proposed sale of investment shall be intimated at the time of execution. 4. Appointment of Ms. Meenal Bansal, as Company Secretary & Compliance Officer (Annexure 4) The Board of Directors, on the recommendation of Nomination & Remuneration Committee, have approved the appointment of Ms. Meenal Bansal as Company Secretary and Compliance Officer, designated as the Key Managerial Personnel, of the Company with effect from 24th September 2026. 5. Appointment of Mrs. Geetika Mishra, as Chief Procurement Officer (Annexure 5) The Board of Directors, on the recommendation of Nomination & Remuneration Committee, have approved the appointment of Mrs. Geetika Mishra, as Chief Procurement Officer, designated as Senior Managerial Personnel of the Company with effect from 24th September 2026. 6. Delay in filing of Shareholding Pattern to stock exchange and imposition of penalty BSE Limited (“BSE”) had issued a notice dated August 14, 2026, to the Company in respect of non- compliance of Regulations 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), for one day delay in filing the shareholding pattern for the quarter ended June 30, 2026 with BSE and imposed a penalty of Rs 2000 plus applicable taxes. The aforesaid Notice was placed before the Board of Directors at their meeting held today, September 24, 2026, and the members of the Board, after discussion and deliberation, have provided their comments, which are as under: “The Board noted that the shareholding pattern was filed within the prescribed timelines with National Stock Exchange of India Limited. However, due to an understanding gap, there was an inadvertent and procedural delay in filing the disclosure with BSE Limited. The Board observed that the said delay was without any malafide /wilful intention on the part of the Company. Further, the Board advised the management to ensure timely compliance in the future.” The Board also noted that the Company has paid the relevant fine as levied by BSE within the prescribed timeline. You are requested to take on record the above information. The above information will be made available on the website of the Company www.sparkminda.com. The meeting of the Board of Directors of the Company commenced at 11:15 A.M. and concluded at 12:30 P.M. Thanking you, For Minda Corporation Limited Ajay Agarwal Group CFO, President – Finance & Strategy Annexure 1 S. no. Terms Particulars 1. Type of securities proposed to be issued (viz. equity Non-Convertible Debentures shares, convertibles etc.) 2. Type of issuance (further public offering, rights issue, Private placement basis to depository receipts (ADR/GDR), qualified institutions eligible investors placement, preferential allotment etc.); 3. Total number of securities proposed to be issued or 50,000 Non-Convertible the total amount for which the securities will be Debentures of face value of Rs. issued (approximately) 1,00,000 (Rupees One Lakh Only) each aggregating up to Rs. 500 Crores (Rupees Five Hundred Crores Only) 4. Size of the issue Rs. 500 Crores (Rupees Five Hundred Crores Only) 5. Whether proposed to be listed? Will be finalised at the time of If yes, name of the stock exchange(s) allotment. 6. Tenure of the instrument To be specified in the key information document Date of allotment Date of maturity 7. Coupon/interest offered To be specified in the key information document 8. Schedule of payment of coupon/ interest and To be specified in the key principal information document 9. Charge/ security, if any, created over the assets To be specified in the key information document 10. Special rights/ interest/ privileges attached to the To be specified in the key instruments and changes thereof. information document 11. Delay in payment of interest/ principal amount for a Not Applicable period of more than three months from the due date or default in payment of interest/ principal. 12. Details of any letter or comments regarding payment/ Not Applicable non-payment of interest, principal on due dates, or any other matter concerning the security and/ or the assets along with its comments thereon, if any. 13. Details of redemption of Debentures. To be specified in the key information document 14. Any cancellation or termination of proposal for Not Applicable issuance of securities including reasons thereof. Annexure 2 S. no. Terms Particulars 1. Name of the entity, date & country of incorporation, Name of the entity and Date of etc.; incorporation: Not applicable as entity is yet to be incorporated. Proposed Country of Incorporation- China 2. Name of holding company of the incorporated The entity proposed to be company and relation with the listed entity; incorporated will be a Wholly Owned Subsidiary (“WOS”) of Minda Corporation Limited 3. Industry to which the entity being incorporated Automotive Industry belongs 4. Brief background about the entity incorporated in To explore the new business terms of products / line of business; opportunities, products, technologies, partnerships and other activities related to automotive industry in China 5. Brief details of any governmental or regulatory China Government approvals required for the incorporation; 6. Nature of consideration - whether cash consideration Cash consideration. Minda or share swap and details of the same; Corporation Limited shall subscribe to 100% of the initial paid-up share capital of the WOS in cash. 7. Cost of subscription / price at which the shares are USD 1 Million (US Dollar One subscribed; Million) 8. Percentage of shareholding / control by the listed 100 % entity and / or number of shares allotted. Annexure 3 S. no. Terms Particulars 1. The amount and percentage of the turnover or EVQ Point Solutions Private revenue or income and net worth contributed by such Limited is a step-down associate unit or division or undertaking or subsidiary or company of the Company, in associate company of the listed entity during the last which Spark Minda Green financial year; Mobility Systems Private Limited (Wholly Owned Subsidiary of the Company) holds 29.5% equity stake. As per Company’s consolidated financial statement for the FY 2025-26 share of profit inclu [Showing first 8,000 characters — download PDF for full document]