Integrated Filing — IndAS



General information about company
Scrip Code 538962
NSE Symbol MINDACORP
MSEI Symbol NA
ISIN INE842C01021
Name of company Minda Corporation Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Automotive
Start date and time of board meeting 27-May-2025   11:00:00
End date and time of board meeting 27-May-2025   14:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-06
Indicate Company website link for updated RPT policy of the Company https://sparkminda.com/Uploads/prospectus/1765pdctfile_1765pdctfile_Related_Party_Transactions_Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 10831600000 41443300000
Other income 55600000 377600000
Total income 10887200000 41820900000
2 Expenses
(a) Cost of materials consumed 6282400000 23997000000
(b) Purchases of stock-in-trade 221700000 1138300000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 60200000 9900000
(d) Employee benefit expense 1715900000 6635000000
(e) Finance costs 344600000 667200000
(f) Depreciation, depletion and amortisation expense 477900000 1707000000
(f) Other Expenses
1 Other Expenses 1327300000 4892700000
Total other expenses 1327300000 4892700000
Total expenses 10430000000 39047100000
3 Total profit before exceptional items and tax 457200000 2773800000
4 Exceptional items 0 0
5 Total profit before tax 457200000 2773800000
6 Tax expense
7 Current tax 85800000 699700000
8 Deferred tax 33600000 15100000
9 Total tax expenses 119400000 714800000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 337800000 2059000000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 337800000 2059000000
17 Other comprehensive income net of taxes -3400000 200000
18 Total Comprehensive Income for the period 334400000 2059200000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 478200000 478200000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 18629100000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.41 8.61
Diluted earnings (loss) per share from continuing operations 1.41 8.61
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.41 8.61
Diluted earnings (loss) per share from continuing and discontinued operations 1.41 8.61
24 Debt equity ratio 0.0073 0.0073
25 Debt service coverage ratio 0.0067 0.0227
26 Interest service coverage ratio 0.0337 0.0664
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 11648200000
Capital work-in-progress 477300000
Investment property 0
Goodwill 204000000
Other intangible assets 250100000
Intangible assets under development 204000000
Biological assets other than bearer plants
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 17248100000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 246200000
Total non-current financial assets 17494300000
Deferred tax assets (net) 29000000
Other non-current assets 957600000
Total non-current assets 31264500000
2 Current assets
Inventories 4474600000
Current financial asset
Current investments 0
Trade receivables, current 6293100000
Cash and cash equivalents 80500000
Bank balance other than cash and cash equivalents 102000000
Loans, current 252100000
Other current financial assets 859300000
Total current financial assets 7587000000
Current tax assets (net)
Other current assets 437200000
Total current assets 12498800000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 43763300000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 478200000
Other equity 18629100000
Total equity attributable to owners of parent 19107300000
Non controlling interest
Total equity 19107300000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3956900000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 1948700000
Total non-current financial liabilities 5905600000
Provisions, non-current 480300000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities 45300000
Total non-current liabilities 6431200000
Current liabilities
Current financial liabilities
Borrowings, current 9946800000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 327800000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 6141700000
Total Trade payable 6469500000
Other current financial liabilities 1359100000
Total current financial liabilities 17775400000
Other current liabilities 374800000
Provisions, current 63400000
Current tax liabilities (Net) 11200000
Deferred government grants, Current
Total current liabilities 18224800000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 24656000000
Total equity and liabilites 43763300000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/(loss) on defined benefit obligation -4600000 200000
Total Amount of items that will not be reclassified to profit and loss -4600000 200000
2 Income tax relating to items that will not be reclassified to profit or loss -1200000 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -3400000 200000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2773800000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 667200000
Adjustments for decrease (increase) in inventories -317400000
Adjustments for decrease (increase) in trade receivables, current -191500000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -36400000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 1378500000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1707000000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 75400000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -418000000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -6300000
Adjustments for dividend income 0
Adjustments for interest income 56300000
Adjustments for share-based payments 1300000
Adjustments for fair value losses (gains) -197400000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 15900000
Other adjustments for non-cash items -3900000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 2618100000
Net cash flows from (used in) operations 5391900000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 717500000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 4674400000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 77400000
Purchase of property, plant and equipment 3093300000
Proceeds from sales of investment property 11984400000
Purchase of investment property 22864200000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 72400000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 140000000
Net cash flows from (used in) investing activities -13683300000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 11014800000
Repayments of borrowings 742900000
Payments of lease liabilities 1221000000
Dividends paid 334700000
Interest paid 492100000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 8224100000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -784800000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -784800000
Cash and cash equivalents cash flow statement at beginning of period 865300000
Cash and cash equivalents cash flow statement at end of period 80500000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. BATLIBOI & Co. LLP Yes 31-Jul-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Minda Corporation Limited Minda Furukawa Electrical Pvt. Ltd. Associate Purchase of goods or services 39000000 NA 5800000 2971000 3528000
2 Minda Corporation Limited Minda Furukawa Electrical Pvt. Ltd. Associate Any other transaction Service Income 300000 NA 100000 0 0
3 Minda Corporation Limited Minda Furukawa Electrical Pvt. Ltd. Associate Sale of goods or services 34800000 NA 17800000 8182000 9172000
4 Minda Corporation Limited DANA TM4 India Private Limited JV/Associate Sale of goods or services 57100000 NA 8200000 13656000 14766000
5 Minda Corporation Limited Employee Stock Option Scheme Subsidiary Any other transaction Reimbursement of Expenses 900000 NA 0 0 0
6 Minda Corporation Limited Minda Instruments Limited Subsidiary Any other transaction Management fee income 124700000 NA 60600000 0 0
7 Minda Corporation Limited Minda Instruments Limited Subsidiary Sale of goods or services 269800000 NA 75800000 38266000 62409000
8 Minda Corporation Limited Minda Instruments Limited Subsidiary Any other transaction Service Income 0 NA 29600000 0 0
9 Minda Corporation Limited Minda Instruments Limited Subsidiary Any other transaction Reimbursement of Expenses 12000000 NA 0 0 0
10 Minda Corporation Limited Minda Instruments Limited Subsidiary Any other transaction Interest Expenses 0 NA 13500000 0 0
11 Minda Corporation Limited Minda Instruments Limited Subsidiary Any other transaction Miscellaneous expense 600000 NA 0 0 0
12 Minda Corporation Limited Minda Instruments Limited Subsidiary Purchase of goods or services 563000000 NA 201000000 51806000 60210000
13 Minda Corporation Limited Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Miscellaneous expense 2500000 NA 700000 0 0
14 Minda Corporation Limited Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Reimbursement of Expenses 500000 NA 0 0 0
15 Minda Corporation Limited Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Rent Expenses 243000000 NA 111400000 1842000 10033000
16 Minda Corporation Limited Minda Infac Private Limited JV Any other transaction Service Expenses 15000000 NA 7400000 0 4480000
17 Minda Corporation Limited Minda Infac Private Limited JV Any other transaction Interest income 4500000 NA 2000000 0 0
18 Minda Corporation Limited Minda Infac Private Limited JV Any other transaction Job work Income 15000000 NA 7624000 24594000 32759000
19 Minda Corporation Limited Minda Infac Private Limited JV Any other transaction Rent income 360000 NA 162000 0 0
20 Minda Corporation Limited Minda Infac Private Limited JV Sale of goods or services 400000 NA 0 0 0
21 Minda Corporation Limited Minda Infac Private Limited JV Any other transaction Service Income 3000000 NA 103000 0 0
22 Minda Corporation Limited Minda Silca Engineering Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Management fee income 3600000 NA 1836000 0 0
23 Minda Corporation Limited Minda Silca Engineering Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Sale of goods or services 150000000 NA 27728000 2020000 15017000
24 Minda Corporation Limited Minda Silca Engineering Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Purchase of goods or services 400000000 NA 127608000 50050000 62676000
25 Minda Corporation Limited Minda VAST Access System Private Limited JV Any other transaction Management fee income 23600000 NA 13570000 0 0
26 Minda Corporation Limited Minda VAST Access System Private Limited JV Any other transaction Reimbursement of Expenses 50000000 NA 22387000 0 0
27 Minda Corporation Limited Minda VAST Access System Private Limited JV Sale of goods or services 734500000 NA 302933000 256901000 289010000
28 Minda Corporation Limited Minda VAST Access System Private Limited JV Purchase of goods or services 150000000 NA 39740000 16796000 15479000
29 Minda Corporation Limited MVACL - (Minda Vietnam) Subsidiary Purchase of goods or services 500000 NA 810000 0 12000
30 Minda Corporation Limited MVACL - (Minda Vietnam) Subsidiary Any other transaction Management fee income 6800000 NA 754000 0 0
31 Minda Corporation Limited MVACL - (Minda Vietnam) Subsidiary Any other transaction Royalty Income 19400000 NA 3751000 0 0
32 Minda Corporation Limited MVACL - (Minda Vietnam) Subsidiary Sale of goods or services 137600000 NA 18813000 12441000 6239000
33 Minda Corporation Limited PT. Minda Automotive Indonesia Subsidiary Any other transaction Royalty Income 60000000 NA 20264000 0 0
34 Minda Corporation Limited PT. Minda Automotive Indonesia Subsidiary Sale of goods or services 400000000 NA 110522000 39030000 48508000
35 Minda Corporation Limited PT. Minda Automotive Indonesia Subsidiary Any other transaction Other Income 10000000 NA 45000 0 0
36 Minda Corporation Limited PT. Minda Automotive Indonesia Subsidiary Purchase of goods or services 4000000 NA 3123000 0 3103000
37 Minda Corporation Limited Spark Minda Foundation Subsidiary Any other transaction CSR Contribution Expenses 54778000 NA 30186000 0 0
38 Minda Corporation Limited Spark Minda Green Mobility Systems Pvt. Ltd Subsidiary Any other transaction Interest income 22000000 NA 8087000 0 0
39 Minda Corporation Limited Spark Minda Green Mobility Systems Pvt. Ltd Subsidiary Any other transaction Job work Income 60000000 NA 7983000 18103000 5237000
40 Minda Corporation Limited Spark Minda Green Mobility Systems Pvt. Ltd Subsidiary Any other transaction Management fee income 4300000 NA 1622000 0 0
41 Minda Corporation Limited Spark Minda Green Mobility Systems Pvt. Ltd Subsidiary Any other transaction Service Income 11000000 NA 1064000 0 0
42 Minda Corporation Limited Spark Minda Green Mobility Systems Pvt. Ltd Subsidiary Purchase of goods or services 208500000 NA 48955000 295000 17438000
43 Minda Corporation Limited Spark Minda Green Mobility Systems Pvt. Ltd Subsidiary Any other transaction Service Expenses 18000000 NA 13299000 0 0
44 Minda Corporation Limited Spark Minda Green Mobility Systems Pvt. Ltd Subsidiary Any other transaction Reimbursement of Expenses 100000 NA 0 0 0
45 Minda Corporation Limited UNO Minda Limited Entity in which 20% or more of Equity Share capital is held by Mr. N.K Minda (brother of Shri Ashok Minda) Purchase of goods or services 5000000 NA 521000 111000 245000
46 Minda Corporation Limited UNO Minda Limited Entity in which 20% or more of Equity Share capital is held by Mr. N.K Minda (brother of Shri Ashok Minda) Any other transaction Royalty Expenses 4000000 NA 0 0 0
47 Minda Corporation Limited UNO Minda Limited Entity in which 20% or more of Equity Share capital is held by Mr. N.K Minda (brother of Shri Ashok Minda) Any other transaction Job work Income 10000000 NA 539000 0 0
48 Minda Corporation Limited UNO Minda Limited Entity in which 20% or more of Equity Share capital is held by Mr. N.K Minda (brother of Shri Ashok Minda) Sale of goods or services 308400000 NA 107122000 120132000 38843000
49 Minda Corporation Limited Flash Electronics (India) Private Limited Associate Sale of goods or services 0 NA 528000 0 527000
50 Minda Corporation Limited Minda Instruments Limited Subsidiary Any other transaction Reimbursement of Expenses 0 NA 12630000 0 0
51 Minda Corporation Limited Minda VAST Access System Private Limited Joint Venture Any other transaction Rent Expenses 0 NA 0 0 0
52 Minda Corporation Limited Flash Electronics (India) Private Limited Joint Venture Sale of goods or services 0 NA 0 0 0
53 Minda Corporation Limited Minda-HCMF Technologies Private Limited Joint Venture Any other transaction Reimbursement of Expenses 0 NA 0 0 0
54 Spark Minda Foundation Minda Silca Engineering Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction CSR Contribution 0 NA 2375000 0 0
55 Spark Minda Green Mobility Systems Pvt. Ltd EVQ Point Solutions Private Limited Associate Any other transaction Technical know-how Expenses 10000000 NA 2452000 500000 669000
56 Spark Minda Green Mobility Systems Pvt. Ltd Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Miscellaneous expense 0 NA 2991000 0 0
57 Minda Instruments Limited Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Rent Expenses 30150000 NA 7546000 0 0
58 Minda Infac Private Limited Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Rent Expenses 3180000 NA 1582000 0 284000
59 Spark Minda Green Mobility Systems Pvt. Ltd Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Rent Expenses 17000000 NA 5697000 0 0
60 Minda Infac Private Limited Minda VAST Access System Private Limited Joint venture Purchase of goods or services 1000000 NA 403000 405000 265000
61 PT. Minda Automotive Indonesia Minda Silca Engineering Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Purchase of goods or services 0 NA 7820000 0 3428000
62 PT. Minda Automotive Indonesia Minda VAST Access System Private Limited Joint venture Purchase of goods or services 0 NA 12148000 0 0
63 MIL - (Minda Instrument Limited) MVACL - (Minda Vietnam) Subsidiary Sale of goods or services 12872000 NA 18895000 2007000 8093000
64 MIL - (Minda Instrument Limited) SMGM - (Spark Minda Green Mobility) Subsidiary Purchase of goods or services 10000000 NA 240000 0 873000
65 MIL - (Minda Instrument Limited) PTMAT - (PT Minda Trading) Subsidiary Sale of goods or services 45300000 NA 1570000 0 1570000
66 MIL - (Minda Instrument Limited) SMGM - (Spark Minda Green Mobility) Subsidiary Sale of goods or services 10000000 NA 0 247000 0
67 MVACL - (Minda Vietnam) MIL - (Minda Instrument Limited) Subsidiary Any other transaction Other Income 0 NA 59000 0 0
68 MVACL - (Minda Vietnam) PTMAT - (PT Minda Trading) Subsidiary Sale of goods or services 0 NA 4597000 3009000 2677000
69 MVACL - (Minda Vietnam) PTMAI - (PT Minda Indonesia) Subsidiary Any other transaction Other Income 0 NA 38000 0 0
70 PTMAI - (PT Minda Indonesia) MVACL - (Minda Vietnam) Subsidiary Any other transaction Other Income 0 NA 175000 0 0
71 PTMAI - (PT Minda Indonesia) MVACL - (Minda Vietnam) Subsidiary Sale of goods or services 0 NA 51229000 15105000 28086000
72 PTMAI - (PT Minda Indonesia) PTMAT - (PT Minda Trading) Subsidiary Any other transaction Rent income 0 NA 52000 0 0
73 PTMAI - (PT Minda Indonesia) PTMAT - (PT Minda Trading) Subsidiary Sale of goods or services 0 NA 3428000 1383000 968000
74 PTMAT - (PT Minda Trading) PTMAI - (PT Minda Indonesia) Subsidiary Sale of goods or services 0 NA 2743000 2184000 352000
75 Spark Minda Foundation MIL - (Minda Instrument Limited) Subsidiary Any other transaction CSR Contribution received 20000000 NA 5683000 0 0
76 SMGM - (Spark Minda Green Mobility) MIL - (Minda Instrument Limited) Subsidiary Sale of goods or services 2000000 NA 290000 0 874000
77 MIL - (Minda Instrument Limited) Minda Capital Private Limited Enterprise in which directors of the Company and their relatives exercise significant influence Any other transaction Royalty Payment 0 NA 0 0 0
78 Spark Minda Foundation Minda VAST Access System Private Limited Joint venture Any other transaction CSR Contribution received 0 NA 0 0 0
79 Minda VAST Access System Private Limited Minda Infac Private Limited Associate Any other transaction Material Purchase 550000 NA 0 0 0
80 Minda Corporation Limited Mr. Ashok Minda Director Remuneration 0 NA 60125000 80000000 87160000
81 Minda Corporation Limited Mr. Vinod Raheja CFO Remuneration 0 NA 16511000 0 0
82 Minda Corporation Limited Mr. Ashim Vohra Director Remuneration 0 NA 9342000 0 0
83 Minda Corporation Limited Mr. Pardeep Mann Company Secretary Remuneration 0 NA 2090000 0 0
84 Minda Corporation Limited Mr. Aakash Minda Director Remuneration 0 NA 12168000 0 0
85 Minda Corporation Limited Mr. N.K Modi Director HUF Remuneration 0 NA 0 0 0
86 Minda Corporation Limited Aakash Minda HUF Any other transaction Any other transaction HUF 0 NA 360000 0 0
87 Minda Corporation Limited MIL - (Minda Instrument Limited) Subsidiary Loan 0 NA 685000000 150000000 835000000 Loan 0.08 1 Unsecured General Corporate purpose
88 Minda Corporation Limited Minda Infac Private Limited Associate Loan 0 NA 5000000 45000000 50000000 Loan 0.08 2 Unsecured General Corporate purpose
89 Minda Corporation Limited SMGM - (Spark Minda Green Mobility) Subsidiary Any other transaction Repayment of Loan 0 NA 150000000 250000000 100000000 Loan 0.08 2 Unsecured General Corporate purpose
90 Minda Corporation Limited SMGM - (Spark Minda Green Mobility) Subsidiary Investment 0 NA 150000000 148000000 298000000 Investment 0 NA Secured Investment Made during Year
91 Minda Corporation Limited Minda Infac Private Limited Associate Investment 0 NA 15300000 25500000 40800000 Investment 0 NA Secured Investment Made during Year
Total value of transaction during the reporting period 2706118000