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Minda Corporation issues Commercial Papers worth Rs 25 crore

19 Jan 2018 Evaluate

Minda Corporation has issued Commercial Paper of Rs 25 crore on January 18, 2018, having maturity date on March 26, 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.

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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