[Uno Minda Limited](uno minda) has appointed Rakesh Kher as the Chief Executive Officer- LAS Domain and Advisor to After-market Domain, effective July 03, 2026. The Board of Directors approved the change in role for the senior management personnel, shifting Kher from his previous position as Chief Strategy Officer & Advisor- Aftermarket Domain. This strategic realignment aims to leverage Kher's extensive experience to drive growth in the LAS and aftermarket segments.

The appointment was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also adhered to the provisions of SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the disclosure of changes in senior management personnel.

Rakesh Kher brings over 40 years of diverse experience in strategy, business transformation, manufacturing, and project management. His professional background includes significant exposure to sales and marketing in domestic and international aftermarket segments. Kher's academic credentials include a B.Tech. from REC Rourkela, an M.Tech. from IIT Kharagpur, and an MBA from FMS, Delhi.

Profile of Rakesh Kher

Kher has been associated with Uno Minda Limited since 2004. During his tenure, he has played a pivotal role in expanding the company's product portfolio, strengthening customer relationships, and driving innovation. Prior to joining the company, he held various senior management positions at Larsen and Toubro, Cookson India Limited, and Advani Oerlikon Limited.

The disclosures regarding this appointment are available on the company's official website. The filing was signed by Tarun Kumar Srivastava, Company Secretary & Compliance Officer, on behalf of Uno Minda Limited.

Uno Minda has received an order from the Commissioner of Customs (Appeals-II), Chennai, stating that its appeal against a duty demand was not considered. The company, which disputes the demand of ₹42,97,510, intends to contest the order and does not anticipate any material impact on its financial or operational activities. The order was received on June 24, 2026, at 19:00 PM IST.

The dispute relates to an earlier order from the Office of Commissioner of Customs, Chennai-11, Import, alleging misclassification of HSN on imported goods. The original demand included a differential duty of ₹42,97,510, which was deposited and appropriated, interest under Section 28AA of the Customs Act, 1962, a penalty of ₹42,97,510, and a redemption fine of ₹10,00,000.

Uno Minda had filed an appeal against this initial order. However, the Commissioner of Customs (Appeals-II) has now communicated that the said appeal has not been considered. The company disclosed this development under Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The table below outlines the key details of the order and the associated demands:

In its filing, Uno Minda clarified that it intends to contest against the order received from the appellate authority. The company further asserted that it does not anticipate any material impact on its financial, operational, or other activities as a result of this development.