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Minda Corporation issues Commercial Papers worth Rs 25 crore

12 Apr 2017 Evaluate

Minda Corporation has issued Commercial Paper of an aggregate amount of Rs 25 crore on April 11, 2017 and having maturity date on July 10, 2017. This is in line with the management efforts to bring down the cost of the company.

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.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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