UNO Minda: Scheme Of Amalgamation Of Four Wholly Owned Subsidiary Companies With Minda Industries Ltd.

In term of the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform that on the recommendation of Audit Committee the Board of Directors of the company at its meeting held today i.e. 16 May 2019 have discussed and approved the Scheme of amalgamation of wholly owned subsidiary companies namely (1) M J Casting Limited (2) Minda Distribution and Services Limited (3) Minda Auto Components Limited and (4) Minda Rinder Private Limited (formerly known as Rinder India Private Limited) into and with Minda Industries Limited.
The aforesaid amalgamation is subject to necessary Statutory and Regulatory approvals including the approval of the Jurisdictional National Company Law Tribunals respective Shareholders and Creditors.