Loan & Debt29 Sept 2026, 06:11 pm
Minda Corp issues ₹100 Cr Commercial Papers at 6.6% discount
AI Summary
Minda Corporation Limited has issued and allotted Commercial Papers (CPs) totaling ₹100 crores. The CPs have a face value of ₹5,00,000/- per security and were issued on September 29, 2026. They are set to be redeemed on December 28, 2026, with a discount rate of 6.6% per annum. The securities, identified by ISIN INE842C14255, have been listed on the National Stock Exchange of India Limited.
Key Highlights
- Minda Corp raised ₹100 crore via Commercial Papers.
- The CPs were issued at a discount rate of 6.6% per annum.
- Securities mature in approximately three months, by December 28, 2026.
- The Commercial Papers are listed on the National Stock Exchange.
Price Impact
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