Minda Corporation Limited has confirmed the successful redemption of its Commercial Papers (CPs) valued at ₹100 Crores. The CPs, originally issued on December 22, 2025, were fully redeemed on March 18, 2026. The company officially notified the stock exchanges of this settlement, confirming that all payments related to the instrument (ISIN INE842C14198) have been completed as scheduled.
Confirmation of Commercial Paper Redemption
Minda Corporation Limited has issued a formal notification to the National Stock Exchange of India (NSE) and the BSE Limited regarding the closure of a debt instrument. The company confirmed the full redemption of its Commercial Papers (CPs) totaling Rs. 100 Crores.
Key Details of the Instrument
The specific Commercial Paper instrument in question carried the ISIN INE842C14198. These instruments were initially issued by Minda Corporation Limited on December 22, 2025. The mandatory redemption and final payment for these CPs were successfully executed on the specified maturity date, March 18, 2026, concluding the short-term borrowing obligation.
Regulatory Compliance
This action was taken in accordance with established regulatory guidelines concerning debt settlement. The Company Secretary, Pardeep Mann, attested to the confirmation, ensuring the timely settling of the maturity obligation. The information has been duly reported to the respective listing departments of the stock exchanges.
Source: BSE
