UNO Minda Limited — Others, 30-03-2025: Options to purchase securities

Uno Minda Limited has announced a board meeting outcome that includes several significant changes in leadership. Mr. Nirmal K. Minda has been re-designated as Executive Chairman, and Mr. Ravi Mehra will serve as Managing Director, both effective from April 1, 2025, until March 31, 2027. The board also appointed additional directors, including Mr. Shekar Viswanathan and Mr. Abhay Damle as Non-Executive Independent Directors, and Ms. Paridhi Minda and Ms. Pallak Minda as Non-Executive Directors. Additionally, the company approved the Uno Minda Employee Stock Option Scheme 2025 and an investment of ₹6.25 Crores in a Special Purpose Vehicle for solar energy sourcing. This strategic leadership overhaul and initiatives may enhance operational efficiency and bolster investor sentiment, reflecting a positive outlook on renewable energy investments and employee engagement.