Minda Corporation issues INR 100 crore commercial paper at 7.10%
Minda Corporation issued and allotted commercial paper aggregating INR 100 crores on July 15, 2026. The debt instrument carries a discount rate of 7.10% per annum and is set for redemption on September 22, 2026. The securities have been listed on the National Stock Exchange of India Limited.

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minda corporation has issued and allotted commercial paper aggregating INR 100 crores to raise short-term funds. The issuance, which took place on July 15, 2026, carries a discount rate of 7.10% per annum and is scheduled for redemption on September 22, 2026. The debt instrument has been listed on the National Stock Exchange of India Limited, providing liquidity to investors.
The commercial paper has a face value of INR 5,00,000 per security. The details of the issuance were disclosed to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ISIN for the issued security is INE842C14222.
Key Details of the Issue
| Description | Details |
|---|---|
| Description of the security | Commercial Paper |
| Size of the issue | INR 100 crores |
| Date of Issue | 15-07-2026 |
| Date of Redemption | 22-09-2026 |
| Face Value per security | INR 5,00,000/- |
| Discount Rate | 7.10% p.a. |
| ISIN | INE842C14222 |
The filing was submitted by Pradeep Mann, Company Secretary of Minda Corporation Limited. The company's registered office is located in Delhi, while its corporate office operates out of Noida, Uttar Pradesh.
Historical Stock Returns for Minda Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.68% | -3.85% | +3.23% | +20.95% | +29.73% | +374.00% |
How will Minda Corporation utilize the INR 100 crores raised through this commercial paper issuance?
What impact will the 7.10% discount rate have on Minda Corporation's short-term borrowing costs compared to previous issuances?
Could this issuance signal a trend of increased reliance on short-term debt instruments by Minda Corporation in the near future?































