Minda Corporation to consider NCD issue at Sep 24 board meeting
- Minda Corporation Ltd holds board meeting on September 24, 2026
- Agenda includes approval for raising funds via Non-Convertible Debentures
- Issuance may happen in one or more tranches subject to approvals
- Trading window closed for insiders until 48 hours post-event

*this image is generated using AI for illustrative purposes only.
Minda Corporation has scheduled a board meeting for September 24, 2026, to consider raising funds through the issuance of Non-Convertible Debentures (NCDs). The move signals the company’s intent to access debt capital markets for potential expansion or refinancing needs.
The Board of Directors will deliberate on the proposal inter-alia, subject to requisite approvals. The issuance may occur in one or more tranches, depending on market conditions and regulatory clearance.
Trading Window Closure
In compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the trading window will remain closed for designated persons possessing unpublished price-sensitive information. This restriction lasts until 48 hours after the event is made public on September 24, 2026.
Ajay Agarwal, Group CFO and President – Finance & Strategy, confirmed the intimation. The company’s registered office is located in Delhi, while its group corporate office operates from Noida.
Historical Stock Returns for Minda Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.71% | -3.66% | -8.81% | +34.47% | +27.88% | 0.0% |
How will the proceeds from the NCD issuance impact Minda Corporation's debt-to-equity ratio and overall leverage profile?
What specific expansion projects or strategic initiatives is Minda Corporation likely funding with this new debt capital?
Given the current interest rate environment, how might the coupon rates on these NCDs compare to previous issuances and affect borrowing costs?


































