This is in continuation of our earlier intimation dated 08 February, 2023 regarding the captioned subject matter.\r\nThis is to inform that the company has completed the sale of 26% stake (31,20,000 equity shares of face value of INR 10 each) held in Minda Nexgentech Limited ('MNGTL') to Pioneer Finest Limited at a total consideration of INR 2.08 Crores. Accordingly, effective from 31 May, 2023, MNGTL has ceased to be an Associate Company of Uno Minda Limited.