MINDA CORPORATION LIMITED has confirmed the full redemption of its outstanding Commercial Papers totaling Rs. 100 Crores. The redemption, which was completed on March 06, 2026, involved the instruments (ISIN INE842C14172) originally issued on October 16, 2025. This action ensures the financial obligations related to the short-term borrowing instrument have been successfully met ahead of maturity, as per regulatory guidelines.
Confirmation of Commercial Paper Redemption
MINDA CORPORATION LIMITED has formally notified the stock exchanges regarding the successful conclusion of its short-term debt obligation. The company confirms that the Commercial Papers (CPs), originally issued on October 16, 2025, have been fully redeemed.
Key Redemption Details
The total value of the Commercial Papers redeemed amounted to Rs. 100 Crores. The payment for this redemption was processed and completed on March 06, 2026. The specific instrument referenced by its International Securities Identification Number (ISIN) is INE842C14172. This action satisfies the requirement for the redemption of the CP series issued under the framework mentioned in the relevant SEBI circular.
Corporate Authorization
The confirmation was duly authorized and signed by Pardeep Mann, the Company Secretary for MINDA CORPORATION LIMITED, ensuring compliance and accurate record-keeping with the listing departments of both the National Stock Exchange and the BSE Limited.
Source: BSE
