UNO Minda Limited — Updates, 30-03-2025: Press Release

Uno Minda Limited has strengthened its governance structure by appointing Ravi Mehra as Managing Director, effective April 15, 2025. This move aligns with best practices by separating the roles of Chairman and Managing Director, enhancing operational oversight. Nirmal Kumar Minda transitions to Executive Chairman, focusing on strategic direction and mentoring.

The company has also expanded its Board to include experienced independent directors: Shekar Viswanathan, with over four decades in the automotive industry; Abhay Damle, a former Indian Revenue Service officer with extensive governmental experience; and Paridhi and Pallak Minda, who bring valuable insights from their longstanding association with the company.

These changes signal a commitment to robust corporate governance and reflect Uno Minda’s strategy to bolster leadership capabilities in a competitive market, potentially enhancing operational efficiency and shareholder value moving forward.