Minda Corporation Ltd

Minda Corporation Ltd has received an ESG rating of 66 from Niche Ninety Nine Capability and Certifications (OPC) Private Limited. The rating was communicated to the company on September 15, 2026. Minda Corp clarified that they did not engage Niche for this rating, and it was independently prepared based on publicly available information. The company will also host this information on its website, https://sparkminda.com/.

Minda Corporation Limited has successfully issued and allotted Commercial Papers (CPs) totaling INR 100 crores. The issuance, with a face value of INR 5,00,000 per security, carries a discount rate of 6.4% per annum. The CPs were issued on September 11, 2026, and are set to mature on December 9, 2026. This move provides the company with short-term funding. The Commercial Paper has been listed on the National Stock Exchange of India Limited.

Minda Corporation Limited has confirmed the redemption and full payment of interest and principal for its Commercial Papers amounting to INR 100 crores. The Commercial Papers, issued with ISIN INE842C14214, were redeemed on September 4, 2026, after being originally issued on June 9, 2026. This action aligns with SEBI circular number SEBI/HO/DDHS/P/CIR/2021/613 dated April 13, 2022.

Minda Corporation Limited has announced updates regarding the record dates for the redemption of its Commercial Papers. For ISIN INE842C14214, the record date is September 3, 2026, with a due date of September 4, 2026, for a ₹100 crore Commercial Paper. Additionally, for ISIN INE842C14222, the record date is September 21, 2026, and the due date is September 22, 2026, also for a ₹100 crore Commercial Paper. These updates are in line with SEBI circulars concerning debt instruments.

Minda Corporation Limited announced its participation in the Elara Conference, themed 'Ashwamedh-Elara India Dialogue 2026'. The in-person conference is scheduled to take place in Mumbai on September 3, 2026. The company confirmed that no unpublished price-sensitive information will be shared during the event, which will include both one-to-one and group meetings. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Minda Corporation Limited has announced the issuance and allotment of Commercial Papers (CPs) aggregating to INR 100 crores. The CPs were issued on August 19, 2026, with a redemption date of November 13, 2026. The face value per security is INR 5,00,000/-, and the discount rate is 7.02% per annum. The ISIN for these CPs is INE842C14230. These Commercial Papers have been listed on the National Stock Exchange of India Limited. This issuance is a form of short-term debt financing for the company.

Minda Instruments Limited, a subsidiary of Minda Corporation, has received government approval under the Electronics Components Manufacturing Scheme (ECMS) to manufacture Display Module Sub-Assemblies. This approval positions Minda as one of only two companies nationwide cleared for this critical component, which India has largely imported. The new facility will be a greenfield project for TFT display module assembly, supporting the company's backward integration strategy and reducing reliance on imports. This move is expected to shorten supply chains and mitigate risks associated with global shortages. The government's approval is part of a larger ₹7,877 crore tranche for ECMS, bringing the total investment to over ₹69,500 crore.

Minda Corporation Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, as mandated by SEBI regulations. The report, issued by Acuite Ratings and Research Limited, covers the utilization of funds raised. The company confirms that the funds were utilized as per the objects of the issue and that there were no deviations. This filing is for information and records and will be available on the company's website.

Minda Corporation Limited announced its financial results for the quarter ended June 30, 2026, reporting a consolidated revenue of ₹1,846 Crore, a significant 33.2% year-over-year growth. This performance was driven by sustained demand, customer additions, and a focus on premium products. The company achieved an EBITDA of ₹212 Crore with an 11.5% margin and a Profit After Tax (PAT) of ₹206 Crore with an 11.2% margin. Minda Corporation also invested ₹63 Crore in its group companies to support business expansion and is proceeding with the consolidation of Minda VAST. The company highlighted its strategic partnerships, new product programs, and commitment to innovation in the evolving automotive landscape.

Minda Corporation Limited's Board of Directors met on August 13, 2026, to approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved an additional investment of up to ₹18 Crores in Spark Minda Toyodenso India Private Limited, a joint venture with Toyo Denso Co., Ltd., Japan. This investment will increase Minda Corporation's total stake in the JV to ₹60 Crores. The company also confirmed an unmodified opinion from its statutory auditors, S.R. Batliboi & Co. LLP, on the financial results. The meeting commenced at 11:20 a.m. and concluded at 01:15 p.m. The financial results and related reports will be available on the company's website.