Minda Corporation has confirmed the redemption of its first commercial paper tranche, valued at ₹100 crore, on September 4, 2026. The company notified stock exchanges regarding the completion of this payment obligation, which was part of a broader ₹200 crore maturity schedule for the month.

The redeemed instrument, identified by ISIN INE842C14214, was originally issued on June 9, 2026. This redemption fulfills the first leg of the liability settlement announced in late August. The second tranche, bearing ISIN INE842C14222 and also valued at ₹100 crore, remains outstanding with a maturity date of September 22, 2026, and a record date of September 21, 2026.

Redemption Status

The initial disclosure of record dates was made on August 31, 2026, in compliance with SEBI Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024. The confirmation of redemption for the first tranche was issued under SEBI Circular Number SEBI/HO/DDHS/P/CIR/2021/613 dated April 13, 2022. Ajay Agarwal, Group CFO and President-Finance & Strategy at Minda Corporation Limited, signed both communications addressed to the National Stock Exchange of India Ltd and BSE Limited.

What the Numbers Show

The successful redemption of the first ₹100 crore tranche demonstrates the company's adherence to its short-term debt management schedule. With half of the ₹200 crore September maturity now settled, the remaining liquidity requirement is focused on the second tranche due at the end of the month.

Minda Corporation Limited will participate in the Elara Conference themed ASHWAMEDH - ELARA INDIA DIALOGUE 2026 on September 3, 2026, in Mumbai. The event involves both one-to-one and group meetings.

The company confirmed its participation pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Group CFO and President- Finance & Strategy Ajay Agarwal issued the intimation on August 31, 2026.

Event Details

The conference is an in-person event scheduled for September 3, 2026. Minda Corporation will engage with investors through structured meetings.

The company stated that no unpublished price-sensitive information is proposed to be shared during these meetings. This disclosure ensures compliance with regulatory norms regarding investor interactions.