Intimation regarding execution of Share Subscription Agreement

Date: 12.10.2026 The Officer-In-Charge (Listing) Head - Listing Operations, Listing Department BSE Limited, National Stock Exchange of India Ltd., P.J. Towers, Dalal Street, Fort, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Scrip Code: 538962 Mumbai - 400 051 SYMBOL: MINDACORP Sub: Intimation regarding Execution of Share Subscription Agreement Dear Sir/Ma’am, We wish to inform that pursuant to the provisions of Regulation 30 read with Para B of Part A of Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), the Company has executed a Share Subscription Agreement with Sunsure Energy Private Limited and Sunsure Solarpark Sixteen Private Limited to acquire 26% equity of Sunsure Solarpark Sixteen Private Limited. Details pursuant to Regulation 30 of SEBI Listing Regulations are given in Annexure-A. The aforesaid information shall also be available on the website of the Company i.e. www.sparkminda.com. We request you to kindly take the above information on record. Thanking you Yours faithfully, For Minda Corporation Limited Meenal Bansal Company Secretary Membership No. A35091 Annexure-A Sr. No. Particulars Details 1. Name of the target entity, details in brief Sunsure Solarpark Sixteen Private Limited, having its such as size, turnover etc. Registered Office at Plot No. 139B, Block – Y, Sector 12, Gautam Budh Nagar, Noida, 201301 (‘Sunsure’) Sunsure is engaged into the business of setting up ground mounted, grid connected solar electric generating facility. Turnover (As on 31.03.2026): Rs. 963.75 lacs Profit After Tax (As on 31.03.2026): Rs. (8.88) lacs 2. Whether the acquisition would fall within The proposed transaction is not a Related Party related party transaction(s) and whether Transaction and neither the promoter/promoter the promoter/ promoter group/ group group/group companies of the Company have any companies have any interest in the entity interest therein. being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length” 3. Industry to which the entity being acquired Renewable Energy industry. belongs 4. Objects and impact of acquisition To reduce the power cost by way of shifting towards (including but not limited to, disclosure of the solar and wind power energy, which are cost reasons for acquisition of target entity, if its effective and environment friendly. business is outside the main line of business of the listed entity) 5. Brief details of any governmental or Not Applicable. regulatory approvals required for the acquisition 6. Indicative time period for completion of the Approximately 6 months. acquisition 7. Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same. 8. Cost of acquisition and/or the price at Upto Rs. 57.75 lacs which the shares are acquired 9. Percentage of shareholding/control On completion of the proposed investment, acquired and/or number of shares acquired Company will be holding 26% holding in the equity shares of Sunsure. 10. Brief background about the entity acquired • Products/line of business: in terms of products/line of business Generation of Renewable Energy acquired, date of incorporation, history of • Incorporation: 2026 last 3 years turnover, country in which the • Turnover of last three years: acquired entity has presence and any other 2025-26: Rs. 963.75 lacs significant information (in brief) 2024-25: Rs. 716.20 lacs 2023-24: Not Applicable • Country in which Sunsure has presence: India