Minda Corporation has issued Commercial Paper for an aggregate amount of Rs 25 crore on July 12, 2017, having maturity date on January 8, 2018. 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.