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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 Corp's subsidiary gained approval to manufacture Display Module Sub-Assemblies locally, a key import substitute. This boosts backward integration and unlocks new sales channels. The move is part of a broader ₹7,877 Cr government push for domestic electronics production.
Minda Corp will transfer equity shares and unpaid dividends from FY2018-19 to the IEPF for shareholders who haven't claimed for seven consecutive years. Investors need to act to prevent this transfer.
**Minda Corporation (MCL) strengthens its Electric Vehicle (EV) segment!** MCL has invested ₹25 Cr by acquiring an additional 2.5 Cr equity shares in its wholly-owned subsidiary, Spark Minda Green Mobility Systems Private Limited. This strategic move maintains MCL's 100% shareholding and provides crucial growth capital for the subsidiary's business requirements....
Minda Corp submitted its compliance certificate for the quarter ending March 31, confirming proper handling of share transfers and dematerialization processes with its Registrar and Share Transfer Agent.
Minda Corp shareholders have approved the new 'Employee Stock Option Scheme 2025' and related amendments. This allows for granting stock options to employees of the company, its subsidiaries, and group/associate entities, aiming to align employee incentives with shareholder value.