Minda Corporation has received its board’s approval to issue Commercial Papers (CPs) of up to Rs 25 crore. It also approved amendments in the terms and conditions for redemption of 0.001% cumulative redeemable preference shares subject to the approval of shareholders.
Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Electronic Controllers for Electric Vehicles and for Auto OEM’s across the Globe. It also manufactures Die Casting Parts for auto and consumer durable industry.
