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Minda Corporation raises Rs 100 crore through issuance of commercial paper

25 Jun 2025 Evaluate

Minda Corporation has raised Rs 100 crore through issuance of commercial paper. The company has issued the commercial paper on June 24, 2025 with the face value of Rs 5 lakh per security at 6.35% per annum of discount rate. The redemption will be on September 12, 2025. This Commercial Paper has been listed on the National Stock Exchange of India on June 24, 2025.

Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM's across the Globe.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1433.00
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