Minda Corporation Limited has successfully completed an issuance of Commercial Paper worth INR 200 crores. The financial instrument was allotted on May 06, 2026, and is scheduled for redemption on June 22, 2026. This issuance carries a discount rate of 6.85% p.a. and has been officially listed on the National Stock Exchange of India, marking a strategic step in the company’s capital management efforts.
Issuance Details
Minda Corporation Limited has strengthened its short-term liquidity position through the issuance of Commercial Paper totaling INR 200 crores. The company finalized the allotment on May 06, 2026. Each security is issued at a face value of INR 5,00,000/-, providing an efficient instrument for the company’s financial requirements.
Terms and Market Listing
The newly issued commercial paper is set to mature on June 22, 2026, with a fixed discount rate of 6.85% p.a. The instrument has been successfully listed on the National Stock Exchange of India effective from May 06, 2026, ensuring transparency and market access for investors participating in this financial transaction.
Source: BSE
