Minda Corp Issues ₹100 Cr Commercial Paper

Minda Corporation Limited has successfully issued and allotted Commercial Papers totaling INR 100 crores. The issuance, with a face value of INR 5,00,000 per security, carries a discount rate of 7.70% per annum. The Commercial Papers were issued on June 9, 2026, and are set to mature on September 4, 2026. The ISIN for this issuance is INE842C14214. This move is likely aimed at managing short-term working capital needs and optimizing the company's financing structure.