Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, Minda Corporation has informed that the Board of Directors of the Company on January 15, 2025, has agreed to acquire 2,55,40,578 Equity Shares with face value of Rs. 1 each of Flash Electronics (India) (‘Target Company’) representing 49% of the total issued and paid-up equity share capital. Requisite details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure – I to this letter.
The above information is a part of company’s filings submitted to BSE.