Minda Industries has received approval to issue the debt securities, including but not limited to Bonds and Non-Convertible Debentures (NCDs) upto Rs 1000 crore, on a private placement basis in one or more tranches in domestic and/or overseas market from eligible investors on such terms and conditions as may be determined / considered appropriate by the Board or any committee thereof, as per the applicable provisions of the Companies Act, 2013 and SEBI Regulations. Meeting of the board of directors of the company held on May 24, 2022 has approved the same.
Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.
