Minda Corporation Limited has issued and allotted Commercial Paper aggregating to INR 100 crores. The paper was issued on December 22, 2025, and is set for redemption on March 19, 2026. The discount rate is 6.35% p.a.
Commercial Paper Issuance
Minda Corporation Limited has announced the issuance and allotment of Commercial Paper totaling INR 100 crores. This move reflects the company’s ongoing financial strategy and its approach to managing its capital structure.
Key Details of the Issuance
Here are the key details regarding the Commercial Paper:
Size of the issue: INR 100 crores
Date of Issue: December 22, 2025
Date of Redemption: March 19, 2026
Face Value per security: INR 5,00,000/-
Discount Rate: 6.35% p.a.
ISIN: INE842C14198
The Commercial Paper has been listed on the National Stock Exchange of India, effective December 22, 2025.
Source: BSE