Uno Minda Ltd, a leading auto components manufacturer, has announced that Anand Kumar Minda, serving as a Non-Executive Non-Independent Director, has tendered his resignation, effective March 25, 2025, due to personal reasons. The company expressed its sincere appreciation for Minda's invaluable contributions and guidance during his tenure.​

In a regulatory filing, Uno Minda stated, "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." The company further added, "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."​

Anand Kumar Minda has been a pivotal figure in Uno Minda's leadership team. With over 35 years of experience in financial control, manufacturing, and project management, he played a significant role in new projects and strategy formulation. His tenure on the board since 2011 saw him actively participating in various committees, including the Audit Committee, Stakeholders Relationship Committee, and CSR Committee.​

In terms of financial performance, Uno Minda reported robust results for the third quarter of FY25. The company's net profit rose by 20% year-on-year to ₹157 crore, up from ₹131 crore in the same quarter last year. Revenue also saw a 20% increase, reaching ₹3,136 crore, compared to ₹2,611 crore in the year-ago quarter. The Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) stood at ₹301 crore, with a margin of 9.6%, slightly down from 10.2% in the previous year.​

Despite these positive financial indicators, Uno Minda's stock experienced a downturn. Shares ended at ₹955.00, marking a decrease of ₹19.75 or 2.03% on the Bombay Stock Exchange (BSE).​

The resignation of Anand Kumar Minda comes at a time when the company is navigating both growth and challenges in the auto components industry. His departure marks the end of a significant chapter in Uno Minda's leadership, and the company will be looking to fill the void left by his exit to continue its trajectory of growth and innovation.

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