Anand Kumar Minda Steps Down as Non-Executive Director of Uno Minda, Effective March 25

Auto components manufacturer Uno Minda Ltd announced on Monday, March 24, 2025, that Anand Kumar Minda has resigned from his position as Non-Executive Non-Independent Director. His resignation will take effect from March 25, 2025, citing personal reasons.

“We would like to inform you that Anand Kumar Minda (DIN: 00007964) has tendered his resignation on March 24, 2025, as Non-Executive Director of the Company, with effect from March 25, 2025, citing personal reasons,” Uno Minda stated in a regulatory filing.

Company Acknowledges Anand Kumar’s Contributions

Uno Minda expressed gratitude for Minda’s contributions and guidance during his tenure with the company.

“The company places on record its sincere appreciation for the valuable contribution and guidance provided by Anand Kumar Minda during his association with the company as a Non-Executive Non-Independent Director and wishes him the best,” the company added in its filing.

Q3 FY25 Financial Performance 

The announcement comes as Uno Minda reports strong financial performance for the third quarter of FY 2024-25. The company’s net profit saw a 20% year-on-year rise, reaching ₹157 crore compared to ₹131 crore in the previous year’s quarter.

Revenue for the quarter also increased by 20% year-on-year, climbing to ₹3,136 crore from ₹2,611 crore in the same period last year. Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) stood at ₹301 crore, while the EBITDA margin was recorded at 9.6%, slightly lower than 10.2% in the previous year.

Stock Performance 

On March 25, 2025, UNO Minda share price traded 1.29% higher at ₹945.65 at 10:30 AM (IST). UNO Minda share price reached a 52-week high of ₹1,252.85, and a 52-week low of ₹658.10. As per BSE, the total traded volume for the stock stood at 0.13 lakh shares with a turnover of ₹1.24 crore.

According to exchange data, Uno Minda shares are trading at a price-to-earnings (P/E) ratio of 76.57x, based on its trailing 12-month earnings per share (EPS) of ₹12.35, and a price-to-book (P/B) ratio of 13.22.

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