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Minda Corporation Ltd is one of the leading automotive component manufacturing companies in India with a pan-India presence and international footprint.It is the flagship company of Spark Minda, which was part of the erstwhile Minda Group.
Minda Corporation Limited has raised INR 100 crores through the issuance and listing of commercial papers, featuring a face value of INR 5,00,000 per security and a discount rate of 6.4% per annum, maturing on December 9, 2026.
Minda Corporation Limited has set September 21, 2026, as the record date for the redemption of its Commercial Paper (ISIN: INE842C14222), valued at ₹100 crore, which matures on September 22, 2026.
Confirmation of Redemption/Payment of Interest and Principal
Minda Corp will attend the Elara Conference in Mumbai, engaging with investors in one-on-one and group sessions. The company clarified no undisclosed price-sensitive information will be shared.
Minda Corporation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 27, 2023. Further, the company has informed the Exchange regarding voting results.