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Minda Corporation redeems Commercial Paper worth Rs 25 crore

10 Jan 2018 Evaluate

Minda Corporation has redeemed Commercial Paper for an aggregate amount of Rs 25 crore on maturity date i.e. January 8, 2018. The company had issued Commercial Paper worth Rs 25 crore on July 12, 2017.

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 160.45
Tube Investments 2185.35
Bosch 44877.25
UNO Minda 1115.25
Bombay Burmah Trdg. 1232.25
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