Minda Corporation Board Meeting Scheduled on May 22, 2026 to Approve FY26 Financial Results and Consider Final Dividend

Minda Corporation has informed the stock exchanges of a board meeting scheduled for Friday, May 22, 2026, pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting has been convened to consider, approve, and take on record the company's Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. The board will also deliberate on the recommendation of a final dividend, if any, for the financial year 2025-26.

Board Meeting Details

The key agenda items and regulatory disclosures associated with the upcoming board meeting are outlined below:

Parameter: Details Meeting Date: Friday, May 22, 2026 Results Period: Quarter and year ended March 31, 2026 Results Type: Standalone and Consolidated Audited Financial Results Dividend Consideration: Final dividend for FY 2025-26, if any Regulatory Reference: Regulation 29 of SEBI (LODR) Regulations, 2015

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, the company has announced the closure of the Trading Window for dealing in its equity shares. The closure applies to all designated persons and took effect from Wednesday, April 01, 2026. The Trading Window will remain closed until 48 hours after the financial results for the quarter and year ended March 31, 2026 are declared and made public.

Regulatory Filings and Disclosures

The official notice has been made available on the company's website at https://sparkminda.com/ and can also be accessed on the BSE and NSE websites. The intimation was submitted on May 14, 2026, and signed by Pardeep Mann, Company Secretary (Membership No. A13371), on behalf of Minda Corporation.

Minda Corporation Limited has filed its Monitoring Agency Report for the quarter ended March 31, 2026, pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 162A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The report was submitted to both the National Stock Exchange of India Ltd. and BSE Limited on May 12, 2026, and has been prepared by Acuité Ratings and Research Limited, the appointed Monitoring Agency.

Issue Overview

The preferential issue of share warrants was conducted in June 2025. The key parameters of the issue are summarised below:

Parameter: Details Issue Period: June 2025 Type of Issue: Preferential Issue Type of Securities: Share Warrants Total Issue Size: INR 420.75 Cr. Stated Object: Debt Repayment Warrant Issue Price: INR 550 per warrant

The promoters associated with the issue include Mr. Ashok Minda, Mrs. Sarika Minda, Mr. Akash Minda, Minda Capital Private Limited, and Whiteline Barter Limited.

Utilisation of Proceeds

The Monitoring Agency confirmed that out of the total warrant issue size of INR 420.75 Cr., the company had received INR 105.19 Cr., representing 25% of the warrant issue price of INR 550 per warrant, up to June 2025. This amount was fully utilised for the stated object of debt repayment. No additional warrant subscriptions were received during the fourth quarter of FY 2025–26.

The progress in utilisation of proceeds is detailed below:

Metric: Amount (INR Cr.) Amount as Proposed in Offer Document: 420.75 Amount Raised: 105.19 Amount Utilised (Beginning of Quarter): 105.19 Amount Utilised (During the Quarter): - Amount Utilised (End of Quarter): 105.19 Total Unutilised Amount: -

The utilisation was verified based on documents provided by the issuer, bank statements, and a Statutory Auditors Certificate issued by M/S Agarwal Nikhil & Co. (Firm Registration Number: 017613N), dated April 15, 2026.

Monitoring Agency Findings

Acuité Ratings and Research Limited reported no deviations from the objects stated in the offer document. The key findings of the Monitoring Agency are as follows:

Deviation from objects: No deviation observed

Material deviation from expenditures: No material deviation observed

Change in means of finance: No change observed

Government/statutory approvals: No such approvals required for the stated objects

Unfavourable events affecting viability: None observed

Favourable events improving viability: None observed

Other material facts: None

The Monitoring Agency also noted that Minda Corporation had not appointed any other Monitoring Agency prior to Acuité Ratings and Research Limited.

Regulatory Compliance

The report was signed by Vikas Mishra, Deputy Vice President – Process Excellence at Acuité Ratings and Research Limited, and submitted in line with the format prescribed by SEBI. The filing was made by Pardeep Mann, Company Secretary (Membership No. A13371), on behalf of Minda Corporation Limited. The report is available on the company's website at www.sparkminda.com .

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