Standalone results for the quarter ended September 30, 2026 (Unaudited)

Also decided at the meeting

• Approved additional investment of up to Rs 37 Crores in JV Minda HCMF Technologies Private Limited via 3 crore equity shares of Rs 10 each; total investment to rise to approx. Rs. 60 Crores.
• Mrs. Pratima Ram completes her second and final term as Independent Director and ceases w.e.f. close of business hours on November 09, 2026.
• Appointed Mrs. Rachna Nath (DIN: 02794602) as Additional Director (Independent) for a first term of five consecutive years w.e.f. November 10, 2026, subject to shareholder approval.
• Appointed Mr. Ravi Sud as Lead Independent Director w.e.f. November 10, 2026.
• Mrs. Rachna Nath to act as nominated Independent Director of material subsidiary Minda Instruments Limited w.e.f. November 10, 2026, replacing Mrs. Pratima Ram.
• Reconstituted Audit, Nomination & Remuneration, Stakeholders' Relationship and CSR Committees w.e.f. November 10, 2026.

Auditor's review

Conclusion: Unmodified

Notes to the results

• Fire on May 30, 2026 at a plant: loss book value incl. incidental expenses Rs. 10,536 lakhs shown as Exceptional Item, offset by insurance claim receivable; adhoc Rs. 6,000 lakhs received.
• Previous year: 76,50,000 share warrants issued at Rs. 550 each to Minda Capital Private Limited; Rs. 10,519 lakhs received (25% of Rs. 42,075 lakhs).
• Company acquired control of JV Minda-VAST Access Systems Private Limited, which became a subsidiary w.e.f. April 1, 2026.