Minda Corporation Limited has declared the official record dates for the redemption of three separate tranches of its Commercial Paper (CP). These upcoming dates in March 2026 are essential for determining eligibility for the redemption amounts, each totaling ₹100 crore. The earliest maturity date is set for March 3, 2026, with the corresponding record date set one day prior.
Commercial Paper Redemption Schedule Announced
Minda Corporation Limited has formally informed the exchanges about the schedule for redeeming its outstanding Commercial Paper (CP) issuances. This notification outlines the specific record dates required to process the redemption of three distinct tranches, each amounting to ₹100 crore.
Details of Commercial Paper Maturity
The following table summarizes the key dates related to the upcoming redemptions:
- The first tranche (ISIN: INE842C14180) matures on March 3, 2026. The associated record date for this redemption is fixed as March 2, 2026.
- The second tranche (ISIN: INE842C14172) is set to mature on March 6, 2026, requiring a record date of March 5, 2026.
- The final listed tranche (ISIN: INE842C14198) matures on March 19, 2026, with the corresponding record date established on March 18, 2026.
The total redemption value across these three CPs amounts to ₹300 crore.
Corporate Confirmation
The announcement was officially signed and dated on February 24, 2026, by Pardeep Mann, Company Secretary, confirming the details for the Listing Departments of the National Stock Exchange and BSE Limited.
Source: BSE
