Outcome of Board Meeting

November 03, 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), Mumbai - 400 051 Scrip Code: 538962 Scrip Code: MINDACORP Sub: Outcome of Board Meeting held on November 03, 2026 Dear Sir/Madam, Pursuant to Regulation 30, 33, 52 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday, November 03, 2026 have considered and approved the following: - 1. Standalone and Consolidated Un-Audited Financial Results for the quarter and half year ended November 03, 2026 under Regulation 33 of SEBI Listing Regulations - The disclosures related to Integrated Financial Results pursuant to SEBI Circular SEBI/HO/CFD/CFDPoD 2/CIR/P/2024/185 dated December 31, 2024 read with relevant circulars issued by stock exchanges along with said Financial Results and Limited Review Report of the Statutory Auditors on the said results are enclosed as Annexure I. We hereby further confirm and declare that Statutory Auditors of the Company, M/s. S.R. Batliboi & Co. LLP, Chartered Accountants have issued a Limited Review Reports with unmodified opinion on the Un- Audited Standalone & Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. Press Release on the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026 is enclosed as Annexure II. 2. The Board of Directors has approved an additional investment of up to Rs 37 Crores in Minda HCMF Technologies Private Limited, a joint venture company of the Company with HCMF Co., Ltd., (shareholding ratio 50:50), by way of subscription to 3 (Three) crore equity shares of Rs 10 each. Pursuant to the proposed allotment, the Company's total investment in the joint venture will increase to approx. Rs. 60 Crores, comprising of approx. 6 Crore equity shares of Rs. 10 each. 3. Completion of tenure of Mrs. Pratima Ram (DIN: 03518633), Independent Director of the Company. Mrs. Pratima Ram shall complete her second and final consecutive term as an Independent Director of the Company on November 09, 2026 and consequently cease to be an Independent Director of the Company with effect from the close of business hours on November 09, 2026. The Board of Directors placed on record its deep appreciation for her valuable contributions, guidance, and commitment towards strengthening the Company's governance framework and strategic growth during her tenure. Consequent to her tenure completion, Mrs. Pratima Ram ceases to be a member of the Audit Committee, Nomination & Remuneration Committee, Stakeholders’ Relationship Committee, Corporate Social Responsibility Committee of the Company with effect from the close of business hours on Monday, November 09, 2026. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure III. 4. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company has approved the appointment of Mrs. Rachna Nath (DIN: 02794602) as an Additional Director in the capacity of Independent Director of the Company for the first term of five consecutive years w.e.f. November 10, 2026, subject to the approval of the shareholders of the Company. Mrs. Rachna Nath is not debarred from holding the office of director by virtue of any order of the Securities and Exchange Board of India or any other authority. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure IV. 5. Appointment of Mr. Ravi Sud as the Lead Independent Director of the Company w.e.f. November 10, 2026. 6. Pursuant to the provisions of Regulation 24 of SEBI Listing Regulations, Mrs. Pratima Ram shall cease to act as nominated Independent Director of Minda Instruments Limited (material subsidiary of the Company) on behalf of the Company effective from the close of business hours on November 09, 2026 and Mrs. Rachna Nath shall act as nominated Independent Director of Minda Instruments Limited on behalf of the Company effective from November 10, 2026. 7. Approved re-constitution of the following Committees of the Board of Directors w.e.f. November 10, 2026: • Reconstitution of Audit Committee by appointment of Mr. R. Laxman as a Chairperson in place of Mrs. Pratima Ram and appointment of Mrs. Rachna Nath as a Member. Post reconstitution, the composition of the Audit Committee is as under: Name Designation Mr. R. Laxman Chairperson Mr. Ravi Sud Member Mrs. Rachna Nath Member • Reconstitution of Nomination & Remuneration Committee by appointment of Mrs. Rachna Nath as Member of the Committee in place of Mrs. Pratima Ram. Post reconstitution, the composition of the Nomination & Remuneration Committee is as under: Name Designation Mr. Gajanan V Gandhe Chairperson Mr. Ravi Sud Member Mrs. Rachna Nath Member • Reconstitution of Stakeholders’ Relationship Committee by appointment of Mr. Ravi Sud as Member of the Committee in place of Mrs. Pratima Ram. Post reconstitution, the composition of the Stakeholders’ Relationship Committee is as under: Name Designation Mr. R. Laxman Chairperson Mr. Ravi Sud Member Mr. Gajanan V Gandhe Member • Reconstitution of Corporate Social Responsibility Committee by appointment of Mr. R. Laxman as Chairperson of the Committee in place of Mrs. Pratima Ram. Post reconstitution, the composition of the Corporate Social Responsibility Committee is as under: Name Designation Mr. R. Laxman Chairperson Mr. Ashok Minda Member Mr. Gajanan V Gandhe Member 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 Commenced at 12:15 PM and concluded at 02:45 PM. Thanking you, For Minda Corporation Limited Meenal Bansal Company Secretary & Compliance Officer Membership No. A35091 Annexure III S. no. Terms Particulars 1. Reason for change viz. appointment, re- Mrs. Pratima Ram, Independent Director of the appointment, resignation, removal, death Company, will be completing her term as an or otherwise; Independent Director of the Company on November 09, 2026, and consequently will cease to be an Independent Director of the Company with effect from close of business hours of November 09, 2026. She will also cease to be a member of various committees of the Board of Directors of the Company with effect from the close of business hours on that date. 2. Date of appointment/re- Close of business hours of November 09, 2026 appointment/cessation (as applicable) & term of appointment/re-appointment; 3. Brief profile (in case of appointment); Not Applicable 4. Disclosure of relationships between Not Applicable directors (in case of appointment of a director). Annexure IV S. no. Terms Particulars 1. Reason for change viz. appointment, re- Appointment of Mrs. Rachna Nath (DIN: appointment, resignation, removal, death 02794602) an Additional Director in the capacity or otherwise; of Independent Director of the Company for the first term of five consecutive years w.e.f. November 10, 2026 to November 09, 31, subject to the approval of the shareholders of the Company. 2. Date of appointment/re- November 10, 2026 appointment/cessation (as applicable) & term of appointment/re-appointment; 3. Brief profile (in case of appointment); Mrs. Rachna Nath holds a Master of Computer Applications (MCA) from BITS Mesra and a B.Sc. (Hons.) from Jadavpur University. She is a seasoned business leader, [Showing first 8,000 characters — download PDF for full document]