Loan & Debt15 Jul 2026, 05:20 pm
Minda Corp Issues ₹100 Cr Commercial Paper
AI Summary
Minda Corporation Limited has announced the issuance and allotment of Commercial Papers totaling INR 100 crores. The issuance took place on July 15, 2026, with a redemption date set for September 22, 2026. The face value per security is INR 5,00,000, and the discount rate is 7.10% per annum. The Commercial Paper, identified by ISIN INE842C14222, has been listed on the National Stock Exchange of India Limited. This move indicates the company's access to short-term debt financing.
Key Highlights
- Minda Corp issued INR 100 Cr in Commercial Papers.
- Issuance date: July 15, 2026; Redemption date: September 22, 2026.
- Discount rate stands at 7.10% per annum.
- CP listed on the National Stock Exchange of India.
- Demonstrates access to short-term debt markets.
Price Impact
More from MINDACORP