Pursuant to Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we are submitting herewith the Annual Report of the Company for the financial year 2021-22 which is being sent through electronic mode to the Members.
The Annual Report for the Financial Year 2021-22 is also available on Company's website www.sparkminda.com
Innovating Consistently to Upgrade Core Capability
Contents
CORPORATE OVERVIEW
Closer look at our Universe
The Year under Review
Financial highlights
Message from Chairman
Conversation with Executive Director
Board of Directors
Leadership Team
Awards and Accolades
Disrupting the Existing Ecosystem
Innovating Consistently to Upgrade Our Core Capability
Leading the Way with Passion
Corporate Information
MANAGEMENT REPORTS
FINANCIAL STATEMENTS
Management Discussion & Analysis
Director's Report
Corporate Governance Report
Business Responsibility Report
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Forward-looking statements
STANDALONE FINANCIAL STATEMENTS
Independent Auditors' Report
Standalone Balance Sheet
Statement of Standalone Profit and Loss
Statement of Cash Flows
Statement of Changes in Equity
Notes to the Standalone Financial Statements
CONSOLIDATED FINANCIAL STATEMENTS
Independent Auditors' Report
Consolidated Balance Sheet
Statement of Consolidated Profit and Loss
Statement of Cash Flows
Statement of Changes in Equity
Notes to the Consolidated Financial Statements
Some information in this report may contain forward-looking statements which include statements regarding Company's expected financial position and results of operations, business plans and prospects etc. and are generally identified by forward-looking words such as "believe," "plan," "anticipate," "continue," "estimate," "expect," "may," "will" or other similar words. Forward-looking statements are dependent on assumptions or basis underlying such statements. We have chosen these assumptions or basis in good faith, and we believe that they are reasonable in all material respects. However, we caution that actual results, performances or achievements could differ materially from those expressed or implied in such forward-looking statements. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Minda Corporation Limited
Annual Report 2021-22
INNOVATE
LEAD
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Minda Corporation Ltd. published this content on 06 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2022 12:03:00 UTC.
Minda Corporation Limited is an India-based company engaged in manufacturing automotive components. The Company is primarily engaged in the manufacturing and assembly of safety and security systems and their associated components for the automotive industry. Its diverse product portfolio includes mechatronics and vehicle access systems, wiring harness, interior plastics division, advanced technologies and aftermarket. Its mechatronics include ignition switch cum steering lock, keyless entry, mechatronics handle, immobilizer-fuel tank cap, aluminum die casting, compressor housing, alternator and starter motor. Its aftermarket products include helmets, fiber parts, wiper blades, ball bearings, two-wheeler air filters and lubricants. It offers its products for auto original equipment manufacturers (OEMs). Its products are designed to cater to a range of vehicle segments, including two-three wheelers, passenger vehicles, commercial vehicles and off-road vehicles.