MINDA CORPORATION LIMITED has confirmed the successful redemption of its outstanding Commercial Papers totaling Rs. 100 Crores. The papers, identified by ISIN INE842C14180 and originally issued on October 15, 2025, were settled in full. The final payment and subsequent redemption were completed on March 02, 2026, as confirmed by the Company Secretary, Pardeep Mann.
Confirmation of Commercial Paper Redemption
MINDA CORPORATION LIMITED officially announced the completion of the redemption process for its outstanding Commercial Papers. This action was undertaken in accordance with applicable corporate guidelines.
Key Details of the Redemption
The following critical details pertain to the redeemed financial instrument:
- Instrument: Commercial Papers
- Total Value: Rs. 100 Crores
- ISIN: INE842C14180
- Original Issue Date: October 15, 2025
- Redemption Date: March 02, 2026
Regulatory Filing and Conclusion
The company confirms that the required payment was successfully made on March 02, 2026, fulfilling the obligation for these papers. This announcement, dated March 02, 2026, serves to formally notify the stock exchanges so they may update their official records accordingly.
The document was duly authorized and signed by Pardeep Mann, Company Secretary (Membership No. A13371).
Source: BSE