We wish to inform that the Board of Directors of the Company at its meeting held today i.e. Wednesday, February 8, 2023, inter alia also approved the following matters: - 1) Incorporation of two (2) wholly owned subsidiary companies 2) Appointment of Secretarial Auditor 3) Change in Registrar and Share Transfer Agent of the Company 4) Sale of stake held in Minda Nexgentech Limited 5) Re-appointment and remuneration of Shri Nirmal K Minda as Chairman and Managing Director of the Company for further period of four years w.e.f. 1st April 2023. 6)Approval of the Postal Ballot Notice 7)Expansion of Neemrana, Rajasthan plant of Toyoda Gosei Minda India Pvt. Ltd., joint venture of the Company 8) Acquisition of shares from Kosei International Trade and Investment Company Limited (KITI) and Minda Investments Limited(MINV), held in Minda Kosei Aluminum Wheel Private Limited