TRANSFER TO RESERVE

During the financial year under review, no amount was transferred to the General Reserve.

SHARE CAPITAL

1. Authorised Share Capital

The Authorised share capital of the Company as on 31 March 2026, is Rs. 11,48,15,33,980 (Rupees One Thousand One Hundred Forty Eight Crores Fifteen Lakhs Thirty Three Thousand Nine Hundred Eighty) comprising of 391,85,19,740 (Three Hundred Ninety One Crore Eighty Five Lakhs Nineteen Thousand Seven Hundred Forty) No. of equity shares of Rs. 2 (Rupee Two Only) each and 2,75,00,000 (Two Crores Seventy Five Lakhs) No. of 8% Non-Cumulative Redeemable Preference Shares of Rs. 10 (Rupee Ten Only) each and 3,36,94,945 (Three Crores Thirty Six Lakhs Ninety Four Thousand Nine Hundred Forty Five) No. of 0.01% Non-Cumulative Redeemable Preference Shares of Rs. 100 (Rupee Hundred Only) each.

During FY 2025-26, there was no change in the Authorised Share Capital of the Company.

2) Issued, Subscribed and Paid-up Share Capital

The issued, subscribed and paid-up equity share capital of the Company as on 31 March 2025, was Rs. 114,83,27,690 (Rupees One Hundred Fourteen Crores Eighty Three Lakhs Twenty Seven Thousand Six Hundred Ninety), comprising of 57,41,63,845 (Fifty Seven Crores Forty One Lakhs Sixty Three Thousand Eight Hundred Forty Five) No. of equity shares of Rs. 2 (Rupees Two only) each.

The Subscribed and Paid-up Equity Share capital of the Company as on 31 March 2026 stood at Rs. 115,48,43,632 (Rupees One Hundred Fifteen Crores Forty Eight Lakhs Forty Three Thousand Six Hundred Thirty Two), comprising of 57,74,21,816 (Fifty Seven Crores Seventy Four Lakhs Twenty One Thousand Eight Hundred Sixteen) No. of equity shares of Rs. 2 (Rupees Two only) each.

During the year, pursuant to Uno Minda Employee Stock Option Scheme, 2019 and in accordance with the relevant provisions of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, Section 62(1 )(b) of the Companies Act, 2013 and the relevant Rules made thereunder, the Company has issued and allotted 29,75,997 (Twenty Nine Lakhs Seventy Five Thousand Nine Hundred Ninety Seven) Equity Shares of Rs. 2 (Rupees Two only) each to the Employees of the Company, its subsidiaries, associates and Joint ventures, who had exercised the ESOPs.

Further, Board of Directors of the Company, on August 06, 2025 had approved the allotment of 2,81,974 (Two Lakhs Eighty One Thousand Nine Hundred Seventy Four) equity shares of Rs. 2 (Rupees Two only) each to the eligible shareholders of Kosei Minda Aluminum Company Private Limited, Kosei Minda Mould Private Limited and Minda Kosei Aluminum Wheel Private Limited ("Transferor Companies"), pursuant to the Scheme of Amalgamation of Transferor Companies with Uno Minda Limited and their respective shareholders and creditors, as approved by the Hon'ble National Company Law Tribunal (NCLT), New Delhi, vide its order dated 18 December 2024.

ISSUANCE OF COMMERCIAL PAPER

The Company has issued Listed and Unlisted Commercial Papers in 8 (Eight) tranches amounting to Rs. 800 Crores during the FY 2025-26, details of the same are hereunder:

ISSUANCE OF NON-CONVERTIBLE LISTED DEBENTURES

During FY 2025-26, your Company raised Rs. 200 Crores through issuance of Unsecured, Listed, Rated, Redeemable, Non-Cumulative, Taxable, Non-Convertible Debentures ("NCDs") with a face value of Rs. 1,00,000 (Rupees One Lakh Only) each on private placement basis, the details of which are as under:

During FY 2024-25, your Company raised Rs. 400 Crores through issuance of unsecured, rated, listed, redeemable, non-cumulative Non-Convertible Debentures ("NCDs") with a face value of Rs. 1,00,000 (Rupees One Lakh Only) each on private placement basis, the details of which are as under:

All the aforementioned unsecured NCDs were listed on the Wholesale Debt Market segment of BSE Limited as of 31 March 2026.

The funds raised through these issuances were utilised in accordance with the objectives stated in the Information Memorandum of the respective issuances. The Company has been regular in making coupon payments on the aforesaid NCDs.

MAJOR EVENTS AND KEY BUSINESS DEVELOPMENTS DURING THE YEAR UNDER REVIEW

I. Expansion of Two-Wheeler Alloy Wheel Manufacturing Capacity

The Merger & Acquisition Committee of the Board of Directors, in its meeting held on 08 May 2025, had approved the setting up of a manufacturing facility for two-wheeler alloy wheels at Bawal, Haryana. The facility will have an installed production capacity of approximately 1.5 Million alloy wheels per annum. The project entails total capital expenditure of approximately Rs. 200 Crores. The commercial operations of the said facility are expected to commence in the second quarter of FY 2026-27.

Upon completion of the proposed Bawal facility, the total installed production capacity of the Company for two-wheeler alloy wheels will increase from 8 Million to 9.5 Million wheels per annum.

II. Commencement of Commercial Production for Expansion of Two-Wheeler Alloy Wheel Plant at Supa, Maharashtra

The Company has commenced commercial production of the expansion project at its two-wheeler alloy wheel

manufacturing facility located at Supa, Maharashtra, which was earlier approved by the Board in May 2024. The said commencement involved the addition of 2 Million alloy wheels per annum.

III. Approval of Detailed Project Report for Setting up of AW4W Manufacturing Facility at Chhatrapati Sambhajinagar, Maharashtra

The Board of Directors, in its meeting held on 05 February, 2026, had approved the Detailed Project Report for setting up a manufacturing facility for Alloy Wheels for Four-Wheelers (AW4W) under the LPS Domain at Chhatrapati Sambhajinagar, Maharashtra. The proposed facility will have an overall production capacity of up to 1.80 Million alloy wheels per annum comprising of mix of Gravity Die Casting (GDC) technology and Low pressure Die Casting (LDPC) technology wheels to be achieved in a phased manner, with SOP targeted for Q2-2027. The project involves a capital expenditure of approximately Rs. 764 Crores to be deployed in phased manner over a period of four years.

IV. Shifting of Two-Wheeler Lighting Manufacturing Facilities to Kharkhoda, Haryana

The Board of Directors, in its meeting held on 21 May 2025, had approved the consolidation and shifting of

the Company's two-wheeler lighting manufacturing plants located at Bahadurgarh and Sonipat to a new manufacturing facility at Kharkhoda, Haryana at an investment of Rs. 233 Crores approx.

The proposed facility is being established to cater to the increasing demand from OEM customers and to enhance operational efficiencies through consolidation of the existing operations. The new manufacturing facility is expected to commence operations from Q4 FY 2026-27.

V. Approval of Detailed Project Report for Setting up of Casting Division Manufacturing Facility at Chhatrapati Sambhajinagar, Maharashtra

The Committee of the Board of Directors, in its meeting held on 19 June 2025 approved the Detailed Project Report for setting up of a new manufacturing facility for the Casting Division of the Company at Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, to cater to the increasing demand from OEMs for casting parts used in Electric Vehicles (EVs). The Proposed facility will have an overall capacity of 3,629 MT, to be achieved in phased manner over next five Years. Phase- I expected SOP is in Q2 2026-27. The project involves an estimated capital expenditure of approximately Rs. 210 Crores, which would be incurred in a phased manner.

VI. Further Investment in Clarton Horn, S.A.U., Spain through Global Mazinkert, S.L., Spain

The Board of Directors, at its meeting held on 06 August 2025, approved the further investment by the Company in the equity share capital of Global Mazinkert, S.L., Spain, a Wholly Owned Subsidiary of the Company, of up to Euro 5 Million, to be made in one or more tranches. Global Mazinkert, S.L., Spain, will utilise the aforesaid funds to make further investment in the equity share capital of Clarton Horn, S.A.U., Spain, a Wholly Owned Step- Down Subsidiary of the Company. The said investment is intended to support the business operations and growth requirements of Clarton Horn, S.A.U., Spain. During the year, the Company has also invested Rs. 11.04 Crores in the Equity Share Capital of Global Mazinkert, S.L., Spain pursuant to earlier approvals granted.

VII. Execution of Joint Venture Agreement and Technical License Agreement with Suzhou Inovance Automotive Company Limited ("Inovance Automotive") and approval of Detailed Project Report for 4W-EV Project

The Board of Directors, in its meeting held on 06 February 2025, had provided its in-principal approval to the broad terms of Joint Venture with Suzhou Inovance Automotive Company Limited ("Inovance Automotive") and delegated its power to Mergers and

Acquisitions Committee to accord its final approval for the formation of said Joint Venture. Thereafter, the Merger & Acquisition Committee, at its meeting held on 17 February 2025, had approved the formation of Joint Venture with Inovance Automotive (including any of its subsidiary(ies) or affiliates). The Joint Venture Agreement has been executed on 17 February 2025.

Pursuant to the aforesaid approvals, the Board of Directors, in its meeting held on 30 April 2025, had approved the overall investment of Rs. 114 Crores approx., in the Equity shares of Uno Minda Auto Innovations Pvt. Ltd., ("UMAIPL"), which is equivalent to 70% of the Equity Stake in the JV Company. The said amount is to be invested over a period of next 3 years. The Company shall initially invest 100% in the Equity capital of the JV Company till the time lnovance Automotive (HK) Investment Co. Ltd., Subsidiary of Inovance Automotive obtains the PN3 and other required approvals from the regulators. Post obtaining the approvals from the regulators, the JV Partner, Inovance Automotive will acquire 30% equity stake in the JV Company. Till 31 March 2026, the Company has Invested Rs. 76.95 Crores.

In the aforesaid Board Meeting held on 30 April 2025, the DPR of UMAIPL for setting up of greenfield plant for four-wheeler EV Powertrain products has also been approved with an overall project cost of Rs. 423 Crores which will be funded through a combination of Equity and Debt. The Capital expenditure will be phased over the next three years, with Phase 1 expected to be commissioned by Q2 FY 2026-27.

Further, the Board of Directors, in its meeting held on 06 August 2025, had approved the novation of the Technical License Agreement ("TLA") dated 05 June 2024, originally executed between Uno Minda Limited and Inovance Automotive, in favour of Uno Minda Auto Innovations Private Limited (UMAIPL), the proposed Joint Venture Company. The novation has been undertaken to enable UMAIPL to undertake the business of manufacturing, marketing and supply of licensed high- voltage EV powertrain products in India, in accordance with the terms of the TLA.

Pursuant to the novation, all the rights, obligations, duties and liabilities of the Company under the TLA have been transferred to UMAIPL, which will utilise the licensed technology for the development and manufacture of high-voltage EV products including Combined Charging Systems (CCS), E-Axle, Inverters and Motors for passenger and commercial vehicles. The Company and Inovance Automotive shall continue to remain bound by the noncompete provisions as stipulated under the TLA.

VIII. Acquisition of Balance Equity Stake in Uno Minda Buehler Motor Private Limited (Now Uno Minda Mobility Solutions Pvt Ltd.)

The Board of Directors, in its meeting held on 01 December 2025, had approved the acquisition of the entire 49.90% equity stake held by Buehler Motor GmbH, Germany ("Buehler"), the joint venture partner, in Uno Minda Buehler Motor Private Limited, now known as Uno Minda Mobility Solutions Pvt. Ltd. ("UMBM"), a subsidiary of the Company, at a consideration of Rs. 0.11 Cr. The Board also approved the termination of the existing Joint Venture Agreement between the Company and Buehler.

Accordingly, the Company completed the acquisition of 49.90% equity stake from Buehler in UMBM, on 15 December 2025 and UMBM became a Wholly Owned Subsidiary of the Company. UMBM has entered into amended and restated TLA with Buehler to have access to technologies for the manufacturing of EV Products.

IX. Execution of Restated Joint Venture Agreement for Toyoda Gosei Uno Minda India Private Limited

In continuation of the further investment made by the Company in Toyoda Gosei Uno Minda India Private Limited (formerly known as Toyoda Gosei Minda India Private Limited), an Associate of the Company, the Company had acquired 1.97% equity stake from Minda Investments Limited, a promoter group entity, pursuant to the approval of the Board of Directors dated 23 May

2024. The said acquisition was completed on 13 February

2025, consequent to which the Company's shareholding in the said Associate increased to 49.90%, while Toyoda Gosei Co. Ltd., Japan, continued to hold 51.10% equity stake.

Subsequently, in order to reflect the consolidated shareholding structure, the Company and the Joint Venture partner entered into a restated Joint Venture Agreement on 23 December 2025.

Further, there is no change in the operations, management or control of the said Joint Venture Company pursuant to the aforesaid restatement of the Joint Venture Agreement.

X. Completion of Acquisition of Equity Stake and e-Drive Business Assets from FRIWO Group

In continuation of the approval granted by the Board of Directors, in its meeting held on 14 February 2025, for increasing the Company's equity stake in UnoMinda EV Systems Private Limited (UMEVS) from 50.10% to 100% by acquiring the equity stake from FRIWO Geratebau GmbH, the Company has on 30 June 2025, completed the acquisition of 1,69,66,000 equity shares representing 49.90% equity stake in UMEVS from FRIWO GmbH for a total consideration of approximately Rs. 147.27 Crores

(Rupee One Hundred Forty One Crore Twenty Seven Lakhs Fifty Eight Thousand Eight Hundred Twenty Only). Consequent to the aforesaid acquisition, UMEVS has become a Wholly Owned Subsidiary of the Company.

Further, pursuant to the aforesaid arrangement, the Company, through its wholly owned subsidiary UMEVS, has also completed the acquisition of e-Drive business assets, including Intellectual Property Rights, technical know-how and the R&D team relating to e-Drive technologies, along with the required control hardware and service software, located in Germany, from the FRIWO Group entities on 02 July 2025.

Additionally, the Company through its wholly owned step-down subsidiary, Minda Industries Vietnam Company Limited, has completed the acquisition of the e-Drive business assets located in Vietnam from Friwo Vietnam Company Limited on 22 July 2025.

XI. Further investment in the Shares of Uno Minda EV Systems Private Limited

The Board of Directors, in its meeting held on 21 May 2025, had approved the investment in Redeemable Preference Shares of Uno Minda EV Systems Private Limited (UMEVS), a wholly-owned subsidiary of the Company, for an amount of up to Rs. 20 Crores, in one or more tranches over a period of time. Accordingly, the Company has invested Rs. 20 Crores in redeemable preference shares of UMEVS. The said investment is intended to support the business operations and growth requirements of the said subsidiary. The investment was made to be utilised by UMEVS in furtherance of its business activities, which are aligned with the main line of business of the Company.

Further, the Board of Directors, in its meeting held on 01 December 2025, had approved additional investment in the equity share capital of UMEVS for an amount of up to Rs. 40 Crores, to be made in one or more tranches.

XII. Sustained Commitment to Green Energy through Strategic Investment in Renewable Energy SPVs

Procurement of power through renewable energy sources is expected to result in cost savings, facilitate the transition to clean energy, reduce carbon emissions, and support the achievement of the Group's long-term ESG goals. One of such options pursued is availing Solar and Wind Power under the Open Access Mechanism and/or other applicable government schemes or policies.

To achieve as aforesaid, the Board or Mergers and Acquisitions Committee, as the case may be, has granted its approval for making various investments in the equity share capital of Special Purpose Vehicles (SPVs) by the Company and its subsidiaries, as may be required from time to time.

a) Investment in SPV to be incorporated by Insolare Energy Limited

The Mergers and Acquisitions Committee of the Board of Directors, in its meeting held on 05 September 2025, had approved the investment by the Company up to Rs. 4.75 Crores in the equity share capital of a SPV of Insolare Energy Limited for procuring solar power 13.5 MW under the Captive Open Access model for manufacturing units of the Company located in Tamil Nadu, specifically, Company's Casting Division at Hosur, Lighting 4W Division and Alloy Wheel 4W Division at Chennai.

b) Investment in Hexa Sunshine Private Limited

The Mergers & Acquisitions Committee of the Board of Directors of the Company, in its meeting held on 19 January 2026, had approved the investment in the equity shares of Hexa Sunshine Private Limited, a SPV, for sourcing 6.5 MW renewable power through solar and wind energy for the Company's units of Company and its Subsidiary Uno Minda Kyoraku Ltd. (UMKL) in the State of Gujarat.

The Committee approved an investment of up to Rs. 6.50 Crores, to be made in one or more tranches, comprising investment of Rs. 5.25 Crores by the Company and Investment of Rs. 1.25 Crores by Uno UMKL.

c) Investment in Hexa Energy MH7 Private Limited, Hexa Energy MH 11 Private Limited and Hexa Energy MH2 Private Limited

The Board of Directors of the Company, in its meeting held on 30 March 2026, had approved the investment by the Company and its subsidiaries, Uno Mindarika Private Limited and Uno Minda Kyoraku Limited, in the equity shares of SPVs for sourcing power through solar and wind energy of 25 MWp. for their respective manufacturing units in Haryana and Tamil Nadu. The total investment approved is up to Rs. 7.50 crores, to be made in one or more tranches, in the manner mentioned hereinbelow:

CHANGE IN NATURE OF BUSINESS

During the year under review, there was no change in the nature of business of the Company.

MATERIAL CHANGES AND COMMITMENTS

There were no material changes and commitments occurred between the end of the financial year as on 31 March 2026 and the date of this report which may affect financial position of the Company.

EMPLOYEE STOCK OPTION SCHEME

Your Company has implemented the Uno Minda Employee Stock Option Scheme 2019 ("Uno Minda ESOS 2019" or "the Scheme"), pursuant to the approval granted on 25 March 2019. Under the Scheme, a maximum of 78,66,500 stock options (pre-bonus), convertible into equity shares of the Company, may be granted, representing approximately 3% of the paid-up share capital of the Company as on the date of approval of the Scheme.

The Nomination and Remuneration Committee ("NRC") of the Board administers the Scheme and is, inter alia, authorised to identify eligible employees, determine the vesting schedule and decide the exercise price of the stock options. Initially, each stock option entitled the eligible employee to one equity share of the Company upon exercise. Further, under Tranche-I of the Scheme, as the Company issued Bonus Shares, each one option granted entitled the employee to receive one additional bonus option, thereby resulting in entitlement to two equity shares upon payment of the exercise price for one option.

Pursuant to the Scheme, the Company granted 12,62,924 stock options to eligible employees under Tranche-I and 36,83,132 stock options under Tranche-II. The status of the stock options granted under Tranche-I and Tranche-II as on 31 March 2026 is provided below:

Tranche-I

Tranche-II

Further, the Board of Directors at its meeting held on 30 March 2025 approved Uno Minda Employee Stock Option Scheme 2025 ("Stock Option Scheme 2025" or "ESOS 2025") which enables the Company to grant Options to Eligible Employees of the Company and its Group Company(ies) including subsidiary company(ies), joint venture(s) and associate Company(ies). The Nomination and Remuneration Committee of the Board ("NRC") is empowered to administer this scheme including to determine the eligible employees, vesting condition, vesting period and exercise price of the options.

The said Scheme has been approved by the Shareholders of the Company through Postal Ballot on 09 May 2025.

The maximum number of Options that could be granted under ESOS 2025, which will be convertible into Equity Shares and wherein each Option is equivalent to one Equity Share, shall not cumulatively exceed 2,87,08,192 (Two Crores Eighty Seven Lakhs Eight Thousand One Hundred & Ninety Two) number of equity shares, equivalent to the 5% (Five Percent) of paid-up equity share capital of the Company as on 30 March 2025 (as adjusted for any corporate action and/ or change in the capital structure). Further, during FY 202526, the Nomination and Remuneration Committee of the Board of Directors of the Company, at its Meeting held on 05 August 2025 has approved and granted 15,66,400 number of options to the Eligible Employees of the Company and its Subsidiaries/Associates/Joint Ventures at a price of Rs. 950 per option under ESOS 2025.

In terms of Regulation 13 of SEBI ESOP Regulations 2021, the Certificate from DPV & Associates, Company Secretaries, Secretarial Auditors, would be placed before the shareholders at the ensuing 34^th Annual General Meeting.

CORPORATE SOCIAL RESPONSIBILITY INITIATIVES

As a responsible corporate citizen, Uno Minda is committed to making a positive difference in society through planned initiatives and community development programs. Our CSR work is guided by clear sustainability goals that match stakeholder needs and help drive steady business growth. By supporting education, caring for the environment and empowering local communities, we aim to build a better and more inclusive future.

These initiatives are implemented through the Suman Nirmal Minda Foundation (SNMF), the dedicated CSR arm of the Uno Minda Group via its flagship projects, Samarth-Jyoti and the Suman Nirmal Minda Schools are active across seven states in India. These initiatives focus on critical areas including education, skill development, preventive and curative healthcare, PWD (People with Disability) and community development and well-being.

CSR key highlights of FY 2025-26 are as under:

• The CSR expenditure was allocated towards education, skill enhancement, healthcare, PWD (People with Disability), community development and well-being.

• Key programs such as Cutting and Tailoring, Beauty Culture, IT Literacy courses, Remedial Classes, Community Schools, Community Libraries and Employability Programs for PWD candidates were organised, significantly benefiting women, youth, children, and marginalised groups. New beauty courses and the incorporation of AI into the IT literacy programme were introduced at existing centres based on community.

• Self-Help Groups were supported and encouraged by Project Samarth Jyoti to enhance livelihood opportunities. This initiative also promoted the circular economy by optimising waste usage and converting it into usable goods

• Community awareness, sensitisation, health check-up, and eye screening camps were organised at various locations across India. We also supported cataract, dialysis, and cancer patients from marginalised and deprived communities

• Two Suman Nirmal Minda CBSE-affiliated schools were established, one in Hosur and another through the upgradation of an existing Senior Secondary CBSE school in Ahmedabad, Gujarat. Additionally, 19 Samarth Jyoti Centres were operated across multiple states. Together, these education initiatives directly impacted 4,598 individuals and indirectly benefited 56,689 individuals

• Collaborated with HP India through the 'WOW' initiative to enhance digital literacy among 130 students

• Delivered the HP India CLAP programme in Chennai and the NCR region, positively impacting 12,025 beneficiaries

• Rolled out need-based community interventions across diverse locations to foster inclusive and sustainable development

• Implemented multiple employees volunteering initiatives, enabling staff to actively support social causes, generate ground-level impact, and enhance their sense of belonging

• Earned two prestigious honours, the Indian CSR Award 2025 and the Diversity, Equity and Inclusion (DEI) Power Leader of the Year 2025 for excellence in CSR project execution

• Represented the organisation through active engagement on various CSR platforms at State & National level

Our initiatives aim to empower underserved youth and women by equipping them with essential skills that enable dignified and self-sufficient lives. At the Samarth Jyoti Centres, we adopt modern pedagogical approaches to provide holistic education to underprivileged children, ensuring they receive quality support tailored to their needs. We also focus on strengthening remedial programs in government schools to bridge educational gaps and foster critical thinking.

Since inception, our CSR initiatives have impacted over 3,58,958 lives (directly and indirectly) across more than seven states in India. Our work continues across identified thematic areas to support the overall development of communities.

A detailed summary of our CSR Policy, as approved by the Board, along with disclosures of activities for the year under review, is available in Annexure-A of this report, in compliance with the Companies (CSR Policy) Rules, 2014. For more information on the CSR Committee, please refer to the Corporate Governance Report enclosed with this Board's Report.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 1 34(3)(m) of the Companies Act, 2013 read with Rule 8(3) of the Companies (Accounts) Rules, 2014, is enclosed as Annexure-B to the Board's Report.

CORPORATE GOVERNANCE

Your Company remains committed to maintaining the highest standards of Corporate Governance, transparency, accountability and ethical business practices, which form the foundation of its sustainable growth and long-term value creation for all stakeholders. The Company firmly believes that an effective governance framework strengthens stakeholder trust and supports responsible business conduct across all levels of the organisation.

The Company has complied with the applicable Corporate Governance requirements as prescribed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and the provisions of the Companies Act, 2013. A detailed report on Corporate Governance, as stipulated under Regulation 34 read with Schedule V of the SEBI Listing Regulations, forms part of this Board's Report and is enclosed as Annexure-C.

Further, the certificate issued by M/s. DPV & Associates, Company Secretaries, confirming compliance with the conditions of Corporate Governance as stipulated under Regulation 34(3) read with Schedule V of the SEBI Listing Regulations, is enclosed as Annexure-D to this Board's Report.

RISK MANAGEMENT POLICY

The Company has established a robust risk management framework that is integrated with its strategic planning and operational processes, enabling effective identification, assessment, monitoring, and mitigation of risks in alignment with its business objectives. This structured approach supports informed decision-making, enhances operational resilience, and facilitates sustainable growth.

At Uno Minda Group, risk management is a core enabler of operational excellence and long-term sustainability. The Group adopts a proactive and enterprise-wide approach to identify, assess, and mitigate risks arising from market dynamics, supply chain complexities, regulatory changes, and other external uncertainties, while simultaneously leveraging emerging opportunities.

The Board of Directors, through its Risk Management Committee, provides strategic oversight on the development, implementation and continuous strengthening of the risk

management framework. The Committee periodically reviews the effectiveness of risk management practices and apprises the Board on key enterprise risks, including those stemming from prevailing geopolitical developments, along with the mitigation measures undertaken by the Management.

The Company follows a structured and continuous risk management process supported by robust internal controls, detailed documented standard operating procedures, and technology-enabled monitoring systems. Risk mitigation measures are embedded across business functions, reinforced through regular training, real-time data analytics and feedback mechanisms to ensure adaptability and continuous improvement.

During the year under review, the Risk Management Committee undertook a comprehensive evaluation of enterprise-level risks and the associated mitigation plans. The Company operated in a challenging environment characterised by geopolitical disruptions, volatility in global energy markets, persistent supply chain constraints and increasing cybersecurity threats.

In response, proactive measures were undertaken, including transition to LNG, strengthening of supply chain resilience through alternate sourcing and enhanced monitoring, and deployment of cross-functional teams to support operational continuity.

Recognising the growing significance of digital risk, the Company has further reinforced its cybersecurity posture through a comprehensive governance framework aligned with globally recognised standards. This includes robust policies, processes, and technical controls designed across all business units to safeguard critical information assets and ensure data privacy, thereby strengthening stakeholder confidence and reinforcing the Company's governance architecture.

CYBER RISK MANAGEMENT

During the year, Group IT strengthened enterprise cyber risk management to protect business continuity, brand reputation and stakeholder trust across Information Technology and Operational Technology environments. The programme is positioned as a strategic risk mitigator, aligned to global security and privacy expectations for a multinational automotive components business.

Our approach focuses on five outcomes, mitigating cyber risk, business continuity, integrated incident response, brand reputation, and stakeholder trust, while executing a structured plan across IT, OT and product security.

INTERNAL FINANCIAL CONTROL AND ITS ADEQUACY

Given the Company's extensive global footprint and diversified operations, a strong and resilient internal control framework remains a critical pillar of its governance architecture. The Company continues to invest in building and sustaining robust internal control systems that are aligned with the requirements of the Companies Act, 2013, and globally accepted best practices. Comprehensive policies and well- defined procedures across financial and operational areas ensure consistency, transparency, and accountability in all business processes.

The Company has established an internal control system commensurate with the size, scale, and complexity of its operations. These controls are designed to provide reasonable assurance regarding the reliability of financial reporting, operational efficiency, safeguarding of assets, and compliance with applicable laws, regulations and internal policies. The framework ensures that transactions are accurately recorded, duly authorised and compliant with applicable accounting standards, while also facilitating effective monitoring of operations, optimal utilisation of resources, and prevention and detection of frauds and errors.

The Company has established a robust internal audit mechanism to evaluate the adequacy and effectiveness of its internal controls. The internal audit is conducted by an independent external firm, bringing an objective and risk- based perspective to assess both control effectiveness and operational efficiency. For the financial year 2025-26, the internal audit was carried out by Protiviti India Member Private Limited.

The Audit Committee of the Board, which comprises only of Independent Directors, plays a pivotal role in overseeing the internal control environment. Significant audit findings and the status of management actions are reviewed periodically by the Committee, ensuring timely resolution and continuous improvement. The Committee also provides strategic guidance to further strengthen control systems across the organisation.

Continuous monitoring mechanisms are in place to ensure adherence to statutory and regulatory requirements across all locations. The Internal Audit function also focuses on identifying emerging business risks and evaluating the effectiveness of mitigation measures implemented by the management.

Audit observations and recommendations are systematically tracked, and the implementation status of corrective actions is reviewed on a quarterly basis. This structured followup mechanism ensures timely closure of audit findings and reinforces a culture of accountability and continuous improvement.

The overall internal control and governance framework is subject to periodic testing by both management and independent auditors to assess its adequacy and operating effectiveness. The Statutory Auditors have examined the financial statements included in this Annual Report and have issued an attestation report on the Company's internal control over financial reporting in accordance with the provisions of Section 143 of the Companies Act, 2013.

The Company remains committed to continuously strengthening its internal control environment, ensuring it remains agile, responsive, and aligned with the evolving business and regulatory landscape.

HUMAN RESOURCE MANAGEMENT

At Uno Minda, we consider our people to be our greatest asset, and our HR philosophy reflects our commitment to fostering an inclusive, high-performance workplace where every individual feels valued and empowered. We celebrate the diverse strengths and perspectives of our employees, recognising that their contributions are integral to our collective success.

Our people strategy is closely aligned with organisational priorities, with a strong focus on enabling capability development, strengthening engagement, and fostering a culture of meritocracy and collaboration. We believe that creating opportunities for growth and nurturing talent are essential to building a resilient and future-ready workforce.

By cultivating a supportive environment grounded in trust, respect and continuous development, we aim to drive both individual and organisational success, reinforcing Uno Minda's journey of sustainable growth.

A. Recruitment and Selection

Hiring remains closely aligned with business needs through strong collaboration with hiring managers and a balanced mix of traditional and modern sourcing strategies. Enhanced talent mapping, supported by internal data insights and the Inspire Recruitment module (Darwinbox), now live, has improved pipeline visibility, data accuracy, and the overall experience for hiring managers, HR and candidates. Ongoing enhancements to the Careers page are further strengthening candidate engagement and conversion, supporting the development of a skilled and future- ready workforce.

B. Employee Onboarding

We firmly believe that an effective onboarding process is vital for helping new employees successfully acclimatise to their roles and integrate into the organisation. Our Paathshaala programme is at the forefront of this

initiative, delivering structured orientation sessions that immerse new hires in our corporate culture, core values, policies and procedures, while also facilitating introductions to key colleagues to foster collaboration and teamwork. This is further strengthened through a structured 30-60-90 days onboarding framework, supported by feedback surveys and regular checkpoints, including assignment of a buddy, a 30-day meeting with the reporting manager, a 75-day joint meeting with HR and the reporting manager, and a 90-day skip- level meeting. This comprehensive approach ensures continuous feedback, early identification of development areas, and a smooth transition, enabling every new joiner to feel supported, confident and well-integrated from day one.

C. Employee Relations

We are committed to building a transparent and inclusive environment where our employees come first. At our core, we believe that open dialogue is the foundation of a strong workplace. Our team works proactively to address grievances and foster a supportive atmosphere of trust. We serve as a dedicated bridge between our people and leadership, ensuring every voice is heard and every concern is resolved swiftly with integrity. By championing a culture of mutual respect, we empower our team to grow, collaborate and succeed together.

D. Performance Management

At Uno Minda, we have instituted a robust performance management framework that aligns individual goals with organisational priorities, driving accountability, transparency and sustained performance. This structured approach not only enhances productivity but also instils a strong sense of purpose and ownership across the workforce.

We complement this with a culture that actively recognises and rewards high performance. By celebrating achievements in a timely and meaningful manner, we reinforce excellence, motivate our employees, and strengthen our ability to attract and retain top talent.

Through this integrated and automated performance appraisal process on Inspire Darwin Box platform we aim to foster a performance-driven and meritocratic environment that enables our employees to realise their full potential while contributing to the organisation's continued growth and success.

E. Learning and Development

Uno Minda remains steadfast in its commitment to fostering a culture of continuous learning and

capability development, enabling employees to achieve superior performance and contribute meaningfully to organisational success. This commitment is institutionalised through UMbrella (Uno Minda broad range of engaging learning & leadership academy), the organisation's dedicated learning and leadership academy, which offers a comprehensive and structured framework for employee development.

UMbrella encompasses a wide spectrum of learning initiatives, including DRIVE (Developing Results-oriented Innovative Visionary Executives), NEEV (Learning & development journey for Newly onboarded Campus trainees), and FSDC (Functional Skill Development Card), along with flagship leadership development programmes such as UMang, MLeap, Transfor-M and ASCEND. These initiatives are systematically designed to address the developmental requirements of employees across functions, levels, and career stages.

In the field of leadership development, Uno Minda continues to strengthen its strategic partnerships with reputed consulting organisations possessing deep expertise in leadership assessment and development. These collaborations facilitate robust assessment frameworks, enabling the identification of leadership potential and providing structured, insight-driven feedback along with customised development interventions aligned to individual growth needs.

Through a well-defined and supportive learning ecosystem, the organisation is focused on building a strong and future-ready leadership pipeline capable of assuming higher responsibilities and driving strategic priorities. Employees are actively encouraged to participate in these development initiatives, thereby enhancing their professional capabilities while enabling sustained career progression within the organisation.

F. Employee Benefits and Well-being

At Uno Minda, employee well-being continues to be a strategic priority, anchored in our commitment to building a high-performance culture supported by a healthy, engaged and resilient workforce. We are continuously strengthening our employee value proposition through comprehensive health and wellness benefits, including robust medical insurance and structured programs addressing both physical and mental well-being.

Our flagship platform, Uno Minda Fit 2.0, plays a pivotal role in enabling a holistic wellness ecosystem for employees and their families. The platform provides integrated access to services such as teleconsultations, employee assistance programs, diagnostic support, and online pharmacy services, creating a seamless and accessible healthcare experience.

Through these initiatives, we are fostering a proactive culture of wellness, empowering employees to prioritise their health while enhancing overall engagement and productivity.

G. Compliance and Ethics

Uno Minda remains steadfast in its commitment to the highest standards of ethics, integrity and regulatory compliance, which form the foundation of our operations. We are dedicated to providing a safe, secure, and transparent work environment that fosters trust and enables employees to perform with confidence and accountability.

We continue to focus on attracting, developing and retaining a diverse and high-quality talent pool. Our endeavour is to create an inclusive workplace where every individual feels respected, valued and empowered to realise their full potential. Over the years, Uno Minda has strengthened its position as an employer of choice by fostering a high-trust, high-performance culture anchored in the core principles of Credibility, Respect, Fairness, Pride, and Camaraderie.

This culture encourages collaboration, openness and continuous growth, enabling both individual and organisational success while supporting our long-term business objectives.

HR Digital Transformation:

Uno Minda is committed to building a high-performance organisation through the strategic adoption of advanced digital technologies. Guided by a well-defined HR Technology Roadmap, the Company continues to transform and modernise its HR processes to drive efficiency, scalability and enhanced employee experience.

A key enabler in this journey is the implementation of a comprehensive and fully integrated Human Resource Management System (HRMS) powered by Darwinbox, which seamlessly manages the entire employee lifecycle and ensures standardisation and process efficiency across the organisation.

Further strengthening our data-driven approach, we have deployed a Tableau-based HR analytics dashboard, enabling real-time insights, improved visibility, and more informed decision-making. We have also automated our employee engagement surveys, enabling real-time feedback capture and more responsive action planning.

Through these initiatives, Uno Minda is building an agile, responsive, and digitally enabled HR ecosystem aligned with its evolving business needs and growth ambitions.

PARTICULARS OF EMPLOYEES

The ratio of remuneration of each director to the median of employees' remuneration as per Section 197(12) of the Companies Act, 2013, read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is enclosed as Annexure-E.

In accordance with the provisions of Section 197(12) of the Companies Act, 2013 and Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the names and other particulars of employees are available with the Company. In terms of provisions of Section 136(1) of the Act, any member intends to obtain a copy of the said details may write to the Company Secretary and Compliance Officer of the Company.

In accordance with the provisions of Section 197(14) of the Companies Act, 2013, except Mr. Nirmal Kumar Minda, other Executive Directors of your Company didn't receive any remuneration or commission from any of its subsidiaries. During FY 2025-26, Mr. Nirmal Kumar Minda received remuneration of Rs. 1.90 Crores from Uno Mindarika Private Limited, a material Subsidiary of the Company, where also he occupies the position of Managing Director.

VIGIL MECHANISM

Uno Minda is committed to upholding the highest standards of ethical, moral and legal business conduct. The Company fosters a culture of transparency, integrity and respect for all employees and external stakeholders.

To enable secure and confidential reporting, the Company has established an Ethics Helpline, accessible to employees (permanent and contractual), vendors, suppliers and other stakeholders (collectively referred to as "Reporters"). This platform allows individuals to report suspected unethical behaviour, fraud or misconduct happening in the organisation.

The Company continues to drive awareness of these mechanisms through regular communication initiatives, including campaigns, training sessions and on-ground visibility across locations, thereby promoting a strong "speak- up" culture.

All complaints are handled by designated professionals to ensure objective evaluation, thorough investigation and strict confidentiality. Reportable matters are placed before the Audit Committee, and no personnel have been denied access to the Committee.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

As on 31 March 2026, there were Eleven (11) Directors on the Board of your Company, consisting of six (6) Non-executive Independent Directors, two (2) Non-executive Non-independent Directors and three (3) Executive Directors. The Executive Directors consisted of the Chairman, Managing Director and Whole-time Director.

Pursuant to the provisions of Section 203 of the Act, the Key Managerial Personnel (KMPs) of the Company as on 31 March 2026 are:

In accordance with the provisions of the Companies Act, 201 3, the SEBI Listing Regulations, and the SEBI Guidance

Note, the Board carries out an annual evaluation of its own performance, its committees and all Directors individually, including Independent Directors, Committee Chairpersons and the Chairman of the Board.

The evaluation is based on parameters such as Board composition, frequency and conduct of meetings, adequacy of time for deliberations, quality and timeliness of agenda and minutes, effectiveness of Board processes, and adherence to governance and compliance standards. A structured questionnaire covering these aspects is circulated to all Directors.

Feedback Mechanism

Feedback is obtained through the structured questionnaire, focusing on key areas such as time devoted to strategic matters, effectiveness of governance practices, discharge of roles, responsibilities, and obligations etc. The evaluation is undertaken based on responses received from all Directors, covering the Board as a whole, Board Committees, the Chairperson of the Board.

Results of Evaluation

Based on the feedback received and suggestions provided by the Directors, key actionable areas have been identified. A summary of performance evaluations was placed before the Nomination and Remuneration Committee and the Board at its meeting scheduled on 16 May 2026 for consideration.

Further, a separate meeting of the Independent Directors was held on 15 May 2026, wherein they reviewed and discussed the performance and functioning of the Board, its Committees, the Chairperson, and other Directors, including Executive Directors.

Overall, the Directors expressed satisfaction with the evaluation process and its outcomes. The feedback was largely positive, with constructive suggestions aimed at further strengthening the effectiveness of the Board and its Committees.

BOARD FAMILIARIZATION AND INDUCTION PROGRAMME

The Independent Directors of the Company are distinguished professionals with extensive experience across diverse domains, including finance, industry, global business, technology, strategy and governance. Their collective expertise and independent perspective have significantly contributed to strengthening Board deliberations and enabling well- informed, balanced, and strategic business decisions, thereby enhancing the Company's governance standards.

In accordance with SEBI Listing Regulations, the Company has instituted a structured familiarisation and orientation programme for newly appointed Directors. This programme is designed to provide an in-depth understanding of the Company's vision, mission, values, organisational structure, operations, key challenges, and risk landscape. As part

of the induction process, Directors are briefed on their roles, responsibilities, duties and statutory obligations, complemented by visits to plants and business locations to gain practical insights into the Company's operations. Regular interactive sessions are also conducted with senior management, business leaders and functional heads to ensure deeper engagement and understanding.

Further, structured presentations are made at Board and Committee meetings by Senior Management, Statutory Auditors and Internal Auditors covering business performance, subsidiary operations, global industry trends, risk management strategies, regulatory developments and ESG initiatives. Independent Directors are also kept apprised of quarterly performance updates, press releases and other key developments impacting the business. An open and effective communication channel is maintained with the executive management to facilitate free flow of information and engagement.

POLICY ON DIRECTORS' APPOINTMENT AND REMUNERATION

MEETINGS OF THE BOARD

During the year under review, the Board of Directors of the Company held 8 (eight) meetings. The details of these Board meetings, along with the attendance of Directors, have been comprehensively disclosed in the Corporate Governance Report forming part of this Annual Report. The Board meetings were conducted on a quarterly basis, and the time gap between two consecutive meetings was well within the limits prescribed under the Companies Act, 2013 and the SEBI Listing Regulations.

The Company follows a structured and robust governance process to ensure effective functioning of the Board and its Committees. The Company Secretary and Compliance Officer, in consultation with the Managing Director and Group CFO, prepares a detailed agenda for each meeting, outlining items for discussion along with supporting notes and presentations. The agenda is circulated to all Directors in advance, except in cases where meetings are convened at shorter notice to address urgent business requirements.

To facilitate informed decision-making, the Managing Director and Group CFO provide regular updates to the Board on the overall performance, financial position and strategic progress of the Company. In addition, presentations by Domain CEOs and Business Heads are made during Board meetings to provide detailed insights into various business verticals wherever required. Inputs and recommendations provided by the Board are duly noted and implemented by the management, with progress updates presented in subsequent meetings.

The Board plays a pivotal role in setting annual performance objectives, reviewing business strategies, monitoring management actions and evaluating the effectiveness of governance practices with a focus on enhancing stakeholder value. It ensures that the Company adheres to the highest standards of statutory compliance, ethical conduct and transparency, with significant emphasis on internal financial reporting and risk oversight.

The Company has a well-established framework for conducting Board and Committee meetings, which ensures a systematic, efficient and informed decision-making process. Inputs and feedback from Directors are continuously incorporated while preparing agendas and supporting documentation.

The Company Secretary plays a key role in ensuring compliance with procedural requirements and governance standards. As the custodian of corporate governance processes, the Company Secretary facilitates the conduct of Board and Committee meetings, ensures adherence to statutory requirements, provides guidance to Directors, and acts as a key interface between the Board, management and stakeholders including regulatory authorities on governance-related matters.

The minutes of the Board meetings are prepared and circulated to the Directors for their review. Any comments received are incorporated in consultation with the Chairperson. The minutes are thereafter approved, recorded and signed in accordance with the prescribed procedures and timelines.

MEETINGS OF THE BOARD COMMITTEES

The Company has adopted a structured and robust framework for the functioning of its Board Committees, wherein the principles and guidelines governing Board meetings are equally applicable to Committee proceedings. All Committees are duly constituted in accordance with the provisions of the Companies Act, 2013 and the applicable SEBI Listing Regulations, with clearly defined composition and terms of reference. In order to ensure informed and effective decisionmaking, each Committee is also empowered to seek external assistance from domain experts, advisors and legal counsels, wherever required.

The Board has constituted various Committees as an integral part of its governance architecture, aimed at strengthening oversight and operational efficiency. These include Statutory Committees such as the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee and Risk Management Committee, along with other Committees including the NCD Committee, Executive Committee and Mergers & Acquisitions Committee, and is authorised to constitute other functional Committees, from time to time, depending on business needs. Comprehensive details relating to their composition, roles, powers, terms of reference and meetings held during the year are provided in the Corporate Governance Report forming part of this Annual Report.

The minutes of all Committee meetings are duly circulated to members and subsequently placed before the Board for its information and record.

Mr. Tarun Kumar Srivastava, Company Secretary and Compliance Officer of the Company, is the Secretary to all the Committees constituted by the Board.

DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to Section 134 (5) of the Companies Act, 2013, the Board of Directors to the best of their knowledge and ability, confirm:

a) that in the preparation of the annual accounts, the applicable accounting standards have been followed and there are no material departures;

b) that they have selected such accounting policies and applied them consistently and made judgment and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company

as at 31 March 2026 and of the profit of the Company for the year ended on that date;

c) that they have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safe guarding the assets of the Company and for preventing and detecting fraud and other irregularities;

d) that they have prepared the annual accounts on a 'going concern basis';

e) that they have laid down proper internal financial controls and such internal financial controls are adequate and operating effectively; and

f) that they have devised proper systems to ensure compliance with the provisions of all applicable laws and such systems are adequate and operating effectively.

Based on the framework of internal financial controls and compliance systems established and maintained by the Company, the work performed by the internal, statutory, cost and secretarial auditors, including the audit of internal financial controls over financial reporting by the statutory auditors and the reviews performed by management and the relevant board committees, including the audit committee, the Board is of the opinion that the Company's internal financial controls were adequate and effective during FY 2025-26.

RELATED PARTY TRANSACTIONS

There were no contracts or arrangements with related parties falling within the scope of Section 188(1) of the Companies Act, 2013 ("the Act") during the year under review. All related party transactions were carried out in the ordinary course of business and on an arm's length basis, in compliance with the applicable provisions of the Act. Accordingly, no disclosure in Form AOC-2 under Section 134(3)(h) of the Act was required.

All related party transactions are subject to independent review by the Internal Auditors to ensure compliance with arm's length principles. The details of the transactions with related parties during the year are provided in the accompanying financial statements. The Company obtains omnibus approval from the Audit Committee for repetitive transactions at the beginning of each financial year. During the year under review, there were no material related party transactions as defined under Regulation 23 of the SEBI Listing Regulations.

During the year, the Company also aligned its internal processes and controls for Related Party Transactions with the Industry Standards Note on Minimum Information to be placed before the Audit Committee and Shareholders for approval of Related Party Transactions, developed by industry associations in consultation with SEBI, which became applicable during FY 2025-26.

The Company is implementing a new system-based tool in pace of old tool to effectively monitor and manage related party transactions, enabling real-time tracking and automated compliance checks. This system strengthens governance by minimising risks and ensuring strict adherence to arm's length principles and applicable statutory guidelines. It reflects the Company's continued commitment to robust internal controls, transparency, and regulatory compliance.

CODE FOR PREVENTION OF INSIDER TRADING

Further, your Company has put in place adequate and effective system of internal controls and standard processes have been set to ensure compliance with the requirements given in these regulations to prevent insider trading.

To increase awareness on the prevention of insider trading in the organisation and to help the Designated Persons to identify and fulfil their obligations, the Company imparted training to all Designated Persons.

The Company also sent email and text messages for closure of trading window and submission of periodic disclosures, etc. The Company has also maintained the Structure Digital Database of persons with whom the UPSI was shared in compliance to SEBI PIT Regulation.

SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES

The Company has 17 direct Subsidiaries, 13 step down Subsidiaries, 9 Associates/Joint Ventures as on 31 March 2026 as defined under the Companies Act, 2013. Besides this, the Company has control over 5 partnership firms as on 31 March 2026.

During the year and till the date of report, following changes took place in status of Subsidiary Companies/Joint Ventures/ Associates:

During the year under review, the Board of Directors have reviewed the affairs of the subsidiaries. Pursuant to the provisions of Section 129(3) of the Act, a statement containing the salient features of financial statements of the Company's subsidiaries, Joint Ventures and Associates in Form AOC-1 is attached to the financial statements of the Company. The statement also provides details of performance and financial position of each of the Subsidiaries and their contribution to the overall performance of the Company.

DEPOSITS FROM PUBLIC

The Company has not accepted any deposits from the public under Section 73 of the Companies Act, 2013 during the year under review and as such no amount of principal or interest was outstanding as on 31 March 2026.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS

Details of Loans, Guarantees and Investments covered under Section 186 of the Companies Act, 2013 forms part of the Notes to the Standalone Financial Statements provided in this Annual Report.

STATUTORY AUDITORS AND AUDIT REPORT

At the 29^th Annual General Meeting (AGM) held on 12 August 2021, the Members approved appointment of M/s. S. R. Batliboi & Co. LLP, Chartered Accountants (ICAI Registration no. 301003E/ E300005) as Statutory Auditors of the Company to hold office for a period of Five (5) years commencing from the conclusion of that AGM till the conclusion of the 34^th AGM of the Company to be held in the year 2026.

Accordingly, the term of the existing Statutory Auditors will conclude at the ensuing 34^th AGM. Based on the recommendation of the Audit Committee, the Board of Directors has, at their meeting held on 16 May 2026, proposed the re-appointment of M/s. S. R. Batliboi & Co. LLP, Chartered Accountants, as the Statutory Auditors of the Company for a further term of 5 years i.e. till conclusion of 39^th AGM to be held in the year 2031, subject to the approval of the Members at the ensuing AGM, in accordance with the applicable provisions of the Companies Act, 2013 and the rules made thereunder.

The Statutory Auditors' Report for FY 2025-26, does not contain any qualification, reservation or adverse remark or disclaimer, the same forms part of the Annual Report.

The Statutory Auditors of the Company have not reported any matter under Section 143(12) of the Companies Act, 2013.

COST ACCOUNTS AND COST AUDITORS

The cost accounts and records as required to be maintained under Section 148(1) of the Companies Act, 2013 are duly made and maintained by the Company.

M/s. Jitender Navneet & Co., Cost Accountants (Firm Registration No. 000119) were the Cost Auditors of the Company for FY 2025-26 & FY 2024-25. The cost audit report for FY 2024-25 submitted by the said Cost Auditors during the FY 2025-26 does not contain any qualification, reservation or adverse remark. Further, the Cost Auditors of the Company have not reported any matter under Section 143(12) of the Companies Act, 2013 in their report for FY 2024-25.

The Board of Directors, upon recommendation of the Audit Committee, has re-appointed M/s. Jitender Navneet & Co., Cost Accountants (Firm Registration No. 000119), as the Cost Auditors for FY 2026-27. A resolution seeking approval of the members for ratifying the remuneration payable to the Cost Auditors for FY 2026-27 is provided in the Notice to the ensuing 34^th AGM.

SECRETARIAL AUDITORS

The Board of Directors of the Company had appointed M/s. DPV and Associates LLP, Company Secretaries (FRN: L2021 HR009500), as Secretarial Auditors of the Company for a period of 5 consecutive years from FY 2025-26 to FY 2029-30, pursuant to provisions of Section 204 of the Companies Act read with Rule 9 of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) and Regulation 24A of SEBI Listing Regulations.

The Secretarial Audit Report for the financial year ended 31 March 2026 is enclosed as Annexure-F. There has been no qualification reported by Secretarial Auditor in their report for the financial year ended 31 March 2026 except reporting a delay of one day in submission of the Related Party Transactions disclosure for the half year ended September 30, 2025 with the National Stock Exchange of India Limited ("NSE"). The filing of Related Party Transactions with BSE was made within stipulated timelines.

The matter was placed before the Board of Directors, which took note of the same and advised the Compliance Officer to ensure that all fillings are done within the prescribed timelines mentioned under Listing Regulations. The Board further directed to strengthen internal systems to prevent recurrence of such issues and advised that, in case of any future difficulties in filling, the concerned stock should be contacted promptly for necessary support and advice.

Further, as per the requirement of Regulation 24A of SEBI Listing Regulations, the Secretarial Audit Report of the material subsidiaries namely Uno Mindarika Private Limited is also attached as Annexure-G.

Further, the Secretarial Auditors of the Company have not reported any matter under Section 143(12) of the Companies Act, 2013 in their report for FY 2025-26.

ENVIRONMENT, HEALTH AND SAFETY (EHS)

Uno Minda remains steadfast in its commitment to fostering a safe, healthy, and sustainable workplace, placing employee well-being at the core of its operational philosophy. Through a robust and integrated Occupational Health and Safety (OHS) Management System, the Company ensures that safety is not merely a compliance requirement but a deeply embedded organisational value.

Embedding a Proactive Safety Culture

The Company adopts a preventive and risk-based approach to safety management, driven by continuous identification, assessment, and mitigation of workplace hazards. Structured

processes such as Hazard Identification and Risk Assessment (HIRA), along with systematic reporting of unsafe acts, near misses, and unsafe conditions, reinforce a culture of vigilance and continuous improvement.

Regular training programs, mock drills and awareness sessions are conducted to equip employees with the knowledge and skills required to operate safely. These initiatives not only enhance preparedness but also instill a strong, behavior- driven safety culture across all levels of the organisation.

Strong Governance and Worker Participation

Safety governance at Uno Minda is strengthened through structured EHS Committees at the plant level, with approximately 50% representation from workers, ensuring an inclusive and participative approach.

• Monthly EHS Committee meetings are conducted with mandatory participation.

• These forums serve as platforms to review safety performance, identify risks, and implement corrective actions.

• Worker representation ensures that shop-floor insights directly influence safety decisions and interventions.

This collaborative framework fosters shared ownership of safety outcomes, reinforcing accountability across both management and workforce.

Capability Building and Emergency Preparedness

The Company conducts regular training programs covering both general and job-specific safety aspects, including:

• Fire safety and emergency evacuation

• Lockout/Tagout (LOTO)

• Work at height

• Chemical handling

• Machinery Safety

• Fire safety etc.

Frequent fire and emergency mock drills are organised to test preparedness and enable rapid, coordinated response during critical situations, thereby minimising risks and enhancing resilience.

Open Communication and Hazard Reporting

Uno Minda actively promotes a culture of transparent communication and proactive hazard reporting. Employees are encouraged to:

• Report unsafe conditions without hesitation

• Raise health and safety concerns through defined channels

• Participate in identifying and mitigating workplace risks

Standard Operating Procedures (SOPs) for incident reporting ensure timely documentation, investigation, and corrective action, strengthening the overall safety management system.

Commitment Beyond the Workplace

The Company's commitment to employee well-being extends beyond occupational safety through comprehensive healthcare and wellness initiatives.

• Access to non-occupational healthcare services is ensured for all employees

• Health awareness programs are conducted in collaboration with different platforms

• Partnerships with nearby hospitals provide preferential healthcare access and financial benefits to employees and their families

Holistic Sustainability Journey

Uno Minda has embedded sustainability into the very fabric of its operations, ensuring that growth is balanced with responsibility toward the environment, society, and stakeholders. The Company is actively transitioning toward cleaner energy by expanding renewable sources such as solar and wind, while simultaneously driving energy efficiency through advanced machinery, automation, and green manufacturing practices.

These energy initiatives are complemented by broader environmental efforts, including carbon footprint reduction, comprehensive water management, and responsible waste handling. Water conservation is prioritised through rainwater harvesting, recycling and efficient usage systems, ensuring minimal dependence on freshwater resources. Hazardous waste is managed with strict protocols for segregation, treatment and safe disposal, reinforcing compliance with environmental standards and reducing risks to communities and ecosystems.

On the social front, Uno Minda places strong emphasis on employee well-being, fostering a culture of safety, health and continuous learning. Diversity and inclusion are central to its workforce strategy, with clear goals to enhance female participation and leadership representation. Beyond the workplace, the Company invests in community development through education, healthcare and skill-building initiatives, strengthening ties with the communities around its manufacturing hubs.

Governance underpins all of these efforts, with Uno Minda adhering to global sustainability reporting frameworks such as GRI to ensure transparency and accountability. Ethical business practices, robust compliance systems, and active

stakeholder engagement reinforce its commitment to integrity and responsible growth.

Together, these initiatives reflect Uno Minda's holistic approach to sustainability, where energy transformation, environmental stewardship, water conservation, safe hazardous waste management, social equity and governance excellence converge to create a future-ready organisation that contributes positively to both industry and society.

EQUAL EMPLOYMENT OPPORTUNITY

The Company remains steadfast in its commitment to equal opportunity, ensuring fairness in employment, growth and development without discrimination of any kind. It actively fosters a workplace culture built on dignity, respect, empathy and inclusivity, one that is free from harassment, bias, and prejudice, and where employee well-being is a core priority.

As an Equal Employment Opportunity Company, the organisation is dedicated to creating a safe and healthy work environment where employees can perform without fear or bias. It upholds a strict commitment to a harassment- free workplace, embracing diversity and inclusion across all dimensions, including race, caste, religion, colour, ancestry, marital status, gender, sexual orientation, age, nationality, ethnic origin and disability.

SMART FACTORY: DRIVING DIGITAL MANUFACTURING EXCELLENCE

Uno Minda Limited has initiated a comprehensive Smart Factory transformation to align with the rapid advancements in digital manufacturing. Smart Factory is a connected, data- driven end to end manufacturing ecosystem that uses digital technologies to improve visibility, productivity, quality and control. The implementations are being done in phases and in 20+ locations IoT has already been implemented. Uno Minda's Smart Factory initiative is advancing the organisation towards a connected, data-driven and future-ready manufacturing ecosystem. The focus is to improve operational excellence, digital visibility, productivity, quality, traceability and customer confidence through automation, IoT-enabled monitoring, real-time dashboards, analytics and scalable digital solutions.

Benefits - The initiative will improve production visibility, reduce manual reporting, strengthen Overall Equipment Effectiveness (OEE) tracking, inventory control, accelerate downtime response, improve quality control, enhance traceability, optimise energy cost and speed up Management Information System (MIS) reporting. It will also build a stronger digital culture, encourage data-driven decisions, improve cross-functional collaboration and increase customer confidence during audits and business reviews.

Strategic Importance - By creating in-house solutions, Uno Minda will gain faster customisation, better cost control, stronger internal ownership and long-term capability development.

Overall, the Smart Factory journey is moving Uno Minda towards a connected, intelligent and internally driven manufacturing ecosystem that supports productivity, quality, safety, sustainability, customer confidence and future-ready growth.

STRATEGIC AI TRANSFORMATION: DRIVING CONNECTED INTELLIGENCE

Financial Year 2025-26 marks the structural genesis of an enterprise-wide Artificial Intelligence (AI) transformation at Uno Minda. Moving decisively away from fragmented, siloed operations toward a future of connected intelligence, the organisation is implementing a robust roadmap to redefined manufacturing excellence by Vision 2030. Guided by the core realisation that data carries value only when it directly drives operational decisions, optimises processes and generates measurable business outcomes, Uno Minda is successfully embedding speed, foresight and intelligent action at scale across its global manufacturing footprint.

The Strategic Value Framework

To maximise long-term enterprise returns, Uno Minda is deploying a structured 'AI Value Triangle' framework focusing on three highly interconnected strategic vectors:

• Operational Excellence: AI-driven continuous

optimisation across manufacturing floors, inventory management, quality protocols and predictive maintenance to minimise structural waste, unexpected downtime and manufacturing costs.

• Intelligent Decision-Making: Consolidating fragmented data streams into actionable, real-time insights, allowing leadership to make agile, precise and highly confident data-driven decisions at every tier.

• Workforce Empowerment: Deploying specialised AI copilots, interactive conversational assistants and advanced knowledge retrieval systems to lower dependency on legacy manual interventions and unlock exponential labour productivity.

RESILIENT SUPPLY CHAIN

Over the years, the Company has build a resilient value chain ecosystem. The Company continues to strengthen supplier capabilities through structured audits, continuous monitoring and support programmes. Key focus areas include system compliance, fire and human safety, technical and process

strengthening, financial and legal compliance through robust review mechanisms, and cyber security assessments.

The Company conducts regular supplier training programmes on various technical, operational and compliance-related subjects. These include Advanced Product Quality Planning (APQP), Process Failure Mode and Effects Analysis (PFMEA), Measurement System Analysis (MSA), Statistical Process Control (SPC), system check sheets, Environmental, Social and Governance (ESG), Business Responsibility and Sustainability Reporting (BRSR), safety (fire and human safety) and Supplier Quality Assurance Management (SQAM), with the objective of enhancing supplier competency, operational excellence and compliance standards across the value chain.

The Company has established a centralised electronics purchasing structure across three key levels comprising Advanced Purchasing, Commodity Buying and Supply Chain Cockpits. This integrated approach is aimed at strengthening procurement efficiency, enhancing supply visibility and improving coordination across the electronics supply chain ecosystem.

The Company has developed a dedicated rare earth magnets strategy with a focus on reducing supply chain dependency and mitigating sourcing risks. The strategy includes alternate sourcing initiatives, technology-led alternatives and implementation of multiple sourcing approach to strengthen long-term supply resilience.

As part of its ongoing risk mitigation initiatives, the Company continues to diversify electronic PCB sourcing by expanding footprints across ASEAN countries, while simultaneously driving localisation initiatives in India. These measures are intended to reduce geopolitical and supply chain concentration risks and enhance supply continuity.

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

The Company maintains a zero-tolerance approach towards sexual harassment in the workplace and has implemented a comprehensive policy on its prevention, prohibition, and redressal in accordance with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. In line with statutory requirements, an Internal Complaints Committee (ICC) has been constituted, comprising both internal members and an external expert with relevant experience, to ensure impartiality and effectiveness in addressing concerns.

At Uno Minda, equal opportunities for women professionals are actively promoted through well-defined policies that

foster a safe, inclusive, and respectful work environment. The Company is committed to maintaining a workplace free from all forms of discrimination, including gender-based discrimination and sexual harassment, while also ensuring accessible and confidential channels for reporting grievances.

During the year, the Company conducted awareness programmes to educate employees on the prevention of sexual harassment and the mechanisms available for reporting such incidents. These initiatives aim to build a culture of awareness, sensitivity, and accountability across all levels of the organisation.

During the financial year 2025-26, three complaints were filed under the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. The details are mentioned as below:

• No of complaints of sexual harassment received in the financial year 2025-26: 3

• No of complaints disposed of during the financial year 2025-26: 3

• No of cases pending for more than ninety days: 0

THE CODE ON SOCIAL SECURITY, 2020 - MATERNITY BENEFITS

The Company is in compliance with the applicable provisions relating to maternity benefits as prescribed under the Maternity Benefit Act, 1961/ the Code on Social Security, 2020.

SIGNIFICANT AND MATERIAL ORDERS

No significant or material orders were passed by the Regulators or Courts or Tribunals which will impact the going concern status and Company's operations in future.

ANNUAL RETURN

MANAGEMENT DISCUSSION & ANALYSIS REPORT

Pursuant to SEBI Listing Regulations, Management Discussion & Analysis is enclosed as Annexure-H.

COMPLIANCE OF SECRETARIAL STANDARDS

The Company has devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively.

SUSPENSION OF SECURITIES OF THE COMPANY

The securities of the Company have not been suspended from trading in any of the stock exchanges.

FINANCIAL YEAR

The Company follows the financial year which commences from 01 April and ends on 31 March of subsequent year.

BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT

Your Company remains steadfast in its commitment to responsible and sustainable business practices and continues to align its operations with the principles enshrined in the National Guidelines on Responsible Business Conduct (NGRBC). In compliance with the requirements prescribed by the SEBI Listing Regulations, the Company has prepared its Business Responsibility and Sustainability Report (BRSR) for the financial year under review. The Company has also, in line with regulatory framework, has obtained reasonable assurance on BRSR Core disclosures by an independent third party, M/s BDO India Services Pvt. Ltd.

The BRSR provides a comprehensive overview of the Company's performance across key Environmental, Social and Governance (ESG) parameters. During the year, the Company has undertaken several focused initiatives aimed at enhancing energy efficiency, reducing environmental footprint, strengthening occupational health and safety standards, fostering diversity and inclusion and ensuring robust governance practices and the Company remains focus towards integrated approach for sustainable growth while creating long-term value for all stakeholders.

Environmental (E): The Company continues to prioritise environmental stewardship through a structured approach towards resource efficiency and climate risk mitigation. Key initiatives during the year include optimisation of energy consumption across operations, increased adoption of renewable energy sources and implementation of measures to reduce greenhouse gas emissions and waste generation. The Company is also focused on water conservation and responsible waste management practices, including recycling and circularity initiatives, thereby minimising its environmental footprint while ensuring regulatory compliance.

Social (S): On the social front, the Company remains committed to foster an inclusive, safe and empowering workplace. Continued emphasis has been placed on strengthening occupational health and safety frameworks, enhancing employee well-being and promoting diversity, equity and inclusion across all levels of the organisation. The Company also actively engages with local communities

through its CSR initiatives, focusing on areas such as education, skill development and community upliftment, thereby contributing to inclusive and equitable growth.

Governance (G): The Company upholds the highest standards of corporate governance, underpinned by strong ethical values, transparency and accountability. Robust internal control systems, risk management frameworks and compliance mechanisms are in place to safeguard stakeholder interests. The Board and its Committees continue to provide effective oversight on ESG matters, ensuring that sustainability considerations are embedded into strategic decision-making processes. In line with its forward-looking approach, the Company has also placed significant emphasis on digitisation, leveraging technology to enhance operational efficiency, strengthen internal controls and improve transparency across key processes. Several business and governance processes have been digitised during the year, enabling better data management, real-time monitoring and informed decision-

making. The Company maintains zero tolerance towards unethical practices and continues to strengthen its policies on business ethics, data privacy and regulatory compliance.

Your Company continues to comply with the Business Responsibility and Sustainability Reporting (BRSR) requirements prescribed under the applicable regulatory framework. The BRSR reflects the Company's performance against the principles of the National Guidelines on Responsible Business Conduct (NGRBC) and provides stakeholders with meaningful insights into the Company's initiatives and performance in the areas of Environmental, Social and Governance (ESG).

TRANSFER OF UNCLAIMED/UNPAID DIVIDEND AND SHARES TO INVESTOR EDUCATION AND PROTECTION FUND AND NODAL OFFICER

Details of the transfer to the IEPF made during the year are as under:

Name of Nodal Officer: Mr. Tarun Kumar Srivastava, Company Secretary and Compliance Officer.

DIRECTORS AND OFFICERS INSURANCE

In line with the requirements of Regulation 25(10) of the Listing Regulations, the Company has in place a Directors and Officers Liability Insurance policy.

OTHER STATUTORY DISCLOSURES

Your directors state that there being no transactions/event/ occasion with respect to following items during the year under review, hence, no disclosure or reporting is required in respect of the same:

1) Issue of equity shares with differential rights as to dividend, voting or otherwise;

2) Issue of shares (including sweat equity shares) to employees of your Company under any scheme, save and except ESOS referred to in this report;

3) Buy-back of shares or under Section 67(3) of the Companies Act, 2013;

4) Settlements done with banks or financial institutions;

5) Details of revision of financial statement or the Report;

6) Issue of warrants;

7) Failure to implement any corporate action;

8) Amounts received from Director or relative of the director;

9) Details of application made or any proceeding pending under the Insolvency and Bankruptcy Code, 2016 (31 of 2016) and their status; and

10) Details of difference between amount of the Valuation done at the time of One Time Settlement and the Valuation done while taking loans from the Banks or Financial Institution along with the reasons thereof.

AWARDS AND RECOGNITION

It is pleased to inform that your Company, its Subsidiaries/ Joint Venture(s) and Associate(s) have received the following recognitions/awards during the Financial Year 2025-26:

1. Aegis Graham Bell Award

Uno Minda has been recognised at the prestigious Aegis Graham Bell Award supported by the Ministry of Electronics & Information Technology, Government of India. This award is a recognition that celebrates breakthrough technological innovation and its impact on the future of mobility. This achievement reflects our continued commitment to driving innovation, developing advanced mobility solutions and shaping the next generation of automotive technologies.

2. Star Innovation Award

Uno Minda has been honoured as one of the "Star Innovations", receiving the recognition from Ms. Anupriya Patel, Hon'ble Minister of State for Health and Family Welfare, Chemicals & Fertilisers, Government of India. This recognition reflects our continued

commitment to innovation, technology advancement, and building future-ready mobility solutions.

This award is a testament to the dedication, creativity, and relentless efforts of our teams who constantly strive to push the boundaries of engineering excellence. At Uno Minda, we remain focused on driving meaningful innovation that contributes to India's growing technology ecosystem and the future of the mobility industry.

3. ICSI Indian National Award for Excellence in Corporate Governance - Best Governed Company

Uno Minda has been awarded the best Governed Company in the Listed Segment (Medium Category) at the 25^th the Institute of Company Secretaries of India National Awards for Excellence in Corporate Governance.

This honour reflects our strong governance culture, transparency and commitment to ethical and responsible business practices.

4. Uno Minda's In-house Design Studio, Initia wins the Red Dot Design Award: Design Concept 2025

The in-house design studio of Uno Minda, has been honoured with the Red Dot Award: Design Concept 2025 in the Cars & Motorcycles category for its breakthrough creation - the TD225 Tech Demonstrator, first unveiled at the Auto Expo 2025.

The TD225 Tech Demonstrator is a testament to Uno Minda's commitment to innovation-driven design, seamlessly integrating advanced technologies from across our business verticals into a single, cohesive concept. This Red Dot recognition reinforces Uno Minda's position as a global Tier-1 supplier pioneering the next generation of electrified, intelligent, and human-centric mobility.

5. The Questel IP Excellence Award 2025

Uno Minda Limited has been awarded Questel IP Excellence Award 2025 - a first for our organisation and a significant milestone in our innovation journey.

This recognition is a testament to Uno Minda's outstanding intellectual property portfolio, our consistent efforts in filing and securing grants for high-quality patents, and our continued contribution to strengthening the Indian IP ecosystem.

6. Indian CSR Award 2025 - Best Women

Empowerment Initiative of the Year

The CSR wing of Uno Minda, has won the prestigious Indian CSR Award 2025 in the category "Best Women Empowerment Initiative of the Year" for our flagship programme, Project Samarth-Jyoti.

Project Samarth-Jyoti empowers marginalised communities through education, skill training, healthcare, and livelihood initiatives, creating a lasting impact in rural and underserved regions. The award reaffirms our commitment to driving inclusive growth and sustainable development.

7. Sustainability Initiatives Winner

Roki Uno Minda Co. Pvt. Ltd., a proud part of the Uno Minda Group, has been recognised as the Sustainability Initiatives Winner at the Honda Motorcycle & Scooter India Pvt. Ltd.'s Annual Supplier Convention 2025, under the theme "Accelerating Tomorrow, Together: Speed, Innovation, Collaboration, Growth,". This recognition reaffirms our unwavering commitment to sustainable manufacturing and responsible business practices.

8. CII Design Excellence Awards

Uno Minda's in-house Design Studio - INITIA Designs has been recognised for its exceptional work at the CII Design Excellence Awards as TD225 [Bronze Winner] - Mobility Design Category - Cabin X - HMI Design for an Elevated Cabin Experience [Top 50 Designs - Made in India] - Communication Design Category

These honours reflect our unwavering commitment to innovation, user-centric design and excellence in mobility and technology solutions.

9. "Best In-House Design Studio" at India's Best Design Awards 2025

INITIA Designs, Uno Minda Limited's in-house design studio, has once again been recognised as the "Best InHouse Design Studio" at the India's Best Design Awards 2025, presented by Indi Design India. The team bagged 4 awards at the event:

• India's Best In-house Design Studio 2025

• India's Best Design Project for TD225

• India's Best Design Project for Tech Demonstrator

• India's Best Design Project for TD225 Swift Screen HMI

These recognitions reinforce the strategic importance of our internal design capabilities that power innovation, accelerate product development, and deliver distinct user experiences across the mobility ecosystem.

10. Uno Minda group companies have been honoured with prestigious awards at the Suzuki Motorcycle India Pvt. Ltd. (SMIPL) Annual Supplier Conference 2025

Roki Uno Minda Co. Pvt. Ltd., a group company of Uno Minda, and Uno Minda Casting Division were honoured as under:

• Roki Uno Minda Co. Pvt. Ltd. was awarded as the Best Delivery award, a testament to our commitment to seamless and reliable supply chain performance

• Uno Minda Casting Division was recognised for Best PFQCDDM Improvement, celebrating our relentless focus on product, functionality, quality, cost, delivery, development, and management

11. Uno Minda receives numerous accolades at the Maruti Suzuki India Limited Vendor Conference 2025

Uno Minda and its group companies were recognised across multiple categories for our commitment to excellence, innovation, and partnership at the prestigious Maruti Suzuki India Limited Vendor Conference in Doha, Qatar.

• Consistently High Quality Performance Winner - Roki Uno Minda Company Pvt. Ltd.

• Proactive Quality Improvement through Digital Initiatives Winner - Uno Minda Ltd. (Alloy Wheel Division)

• Localisation of Design and Development Capabilities Winner - Toyoda Gosei Minda India Pvt. Ltd.

• Business Continuity Winner - Uno Minda Kyoraku Ltd.

• Overall Performance Winner - Toyoda Gosei Uno Minda India Pvt. Ltd.

• Overall Performance Winner - Uno Minda Ltd.

12. Exceptional performance in the Kaizen Contest by Yamaha Motor Pvt. Ltd.

Roki Uno Minda Co. Ltd., a group company of Uno Minda, has been honoured with an Appreciation Award for its exceptional performance in the Kaizen Contest at Yamaha Motor Pvt. Ltd.'s Annual Suppliers Meet.

13. Uno Minda 4W Alloy Wheel division recognised as overall best performance Supplier of the year runner-up Award by Toyota Kirloskar Motor

Uno Minda 4W Alloy Wheel Division has been honoured with the Overall Best Performance Supplier of the Year Runner-Up Award by Toyota Kirloskar Motor.

In addition to the above, the Company has also received various business awards and recognitions from OEMs, demonstrating excellence in quality, delivery, sustainability, safety, agility, productivity, innovation, and supplier performance. These include awards such as Best Supplier Award, Partner Award, Best Quality Improvement, Zero Defect Recognition, Delivery Management Award, Best Vendor Award, Supplier Sustainability Award, Best Safe Transportation Award, Quality

Transformation Award, Best Kaizen in Productivity, Electric Vehicle Delivery Award, and several other recognitions for outstanding performance in quality, cost, delivery, support, and digital initiatives.

ACKNOWLEDGEMENTS

Your Directors thank the various Central and State Government Departments, organisations and agencies for the continued help and co-operation extended by them. Your Directors also gratefully acknowledge all stakeholders of the Company viz. shareholders, customers, dealers, vendors, banks and other business partners for the unwavering support received from them during the year. The Directors place on record their sincere appreciation to all employees of the Company for their unstinted commitment and continued contribution to the Company.