Minda Corporation Ltd Issues Commercial Paper worth INR 100 Crores and Lists Security on NSE
Minda Corporation Limited has announced the issuance and allotment of Commercial Paper (CP), aggregating to an amount of INR 100 crores. The security was successfully listed on the National Stock Exchange of India limited (NSE) on June 09, 2026.The Company’s CP details specify a face value per security of INR 5,00,000/- and carry a discount rate of 7.70% p.a. This financial instrument was issued on June 09, 2026, with a scheduled redemption date of September 04, 2026.
Key details regarding the Commercial Paper are summarized below:
| Description | Details |
|---|---|
| Security Type | Commercial Paper |
| Size of Issue | INR 100 crores |
| Date of Issue | 09-06-2026 |
| Date of Redemption | 04-09-2026 |
| Face Value per security | INR 5,00,000/- |
| Discount Rate | 7.70% p.a. |
| ISIN | INE842C14214 |
MINDACORP Stock Price Movement
Minda Corporation Limited saw its stock surge today after settling at ₹647.95, marking a solid 2.26% gain in the post-market session. The share traded within an intraday range of ₹633.55 to ₹656.85, driven by strong activity and a volume of 492,484 shares changing hands today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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