Minda Corporation Limited has announced the record dates for the redemption of its commercial paper, totaling ₹200 crore. The first redemption, for ₹100 crore, has a record date of September 3, 2026, with the maturity date on September 4, 2026. A second tranche of ₹100 crore has a record date of September 21, 2026, maturing on September 22, 2026. These dates are crucial for investors holding the commercial paper.
Commercial Paper Redemption Confirmed
Minda Corporation Limited has officially communicated the record dates for the upcoming redemption of its Commercial Paper. This announcement confirms the financial commitment to redeem a total of ₹200 crore in outstanding commercial paper.
Redemption Schedule and Dates
The company has specified two distinct redemption events:
- The first redemption involves ₹100 crore of Commercial Paper, with a record date set for September 3, 2026. The maturity date for this tranche is scheduled for September 4, 2026.
- The second redemption also amounts to ₹100 crore. Its record date is set for September 21, 2026, and it will mature on September 22, 2026.
These record dates are essential for identifying the stakeholders eligible to receive the redemption proceeds for the respective tranches of commercial paper.
Source: BSE
