Minda Corporation raises Rs 100 crore through issuance of commercial paper

The redemption will be on September 12, 2025

Minda Corporation has raised Rs 100 crore through issuance of commercial paper. The company has issued the commercial paper on June 24, 2025 with the face value of Rs 5 lakh per security at 6.35% per annum of discount rate. The redemption will be on September 12, 2025. This Commercial Paper has been listed on the National Stock Exchange of India on June 24, 2025.

Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM's across the Globe.