Minda Corporation Ltd

Minda Corporation Other Announcement

Minda Corporation Ltd has filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended June 30, 2026.

Minda Corporation Merger & Restructuring Worth ₹25 Cr

Minda Corporation acquired additional shares in its wholly owned subsidiary, Spark Minda Green Mobility Systems, via a rights issue worth ₹25 Crore.

Value

₹25.00 Cr

Minda Corporation Debt & Borrowing: ₹100 Cr

Minda Corporation Limited allotted Commercial Paper worth Rs. 100 Crore at 7.10% p.a. discount. The debt instrument matures on September 22, 2026.

Value

₹100.0 Cr

Execution

Short-term (Issue Date: 15-07-2026, Redemption Date: 22-09-2026)

Minda Corporation Legal & Regulatory

Minda Corporation Ltd submitted a Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June 2026. No financial impact disclosed.

Minda Corporation Debt & Borrowing: ₹200 Cr

Minda Corporation set a record date of June 19, 2026 for redeeming its ₹200 Crore Commercial Paper. This marks a routine debt repayment milestone.

Value

₹200.0 Cr

Minda Corporation Debt & Borrowing: ₹100 Cr

Minda Corporation Limited allotted Commercial Paper worth ₹100 Crore with a 7.70% discount rate. The security matures in September 2026, shoring up short-term working capital.

Value

₹100.0 Cr

Execution

3 months (Issue Date: 09-06-2026; Redemption Date: 04-09-2026)

Minda Corporation Earnings Call: Key Takeaways

Minda Corp reported record Q4 FY26 revenue of ₹1,704cr (up 29% YoY) and EBITDA of ₹203cr (up 33% YoY). The company is focusing on premiumization and expanding its EV powertrain footprint.

Minda Corporation Other Announcement

Minda Corporation confirmed it is not a Large Corporate under SEBI framework for FY2026. Outstanding long-term borrowings stood at ₹372.92 Crore as of March 31.

Value

₹372.9 Cr

Minda Corporation Earnings Call: Key Takeaways

Minda Corp delivered record Q4 performance, surpassing analyst expectations with a 29% revenue jump. Management is pivotally shifting focus towards passenger vehicle electronics and high-growth EV components through strategic JVs.

Minda Corporation Merger & Restructuring

Minda Corporation signed an amendment agreement granting it control over its JV, Minda Vast Access Systems, effective April 2026. This strengthens Minda's operational oversight.

Execution

Effective from April 1, 2026

Minda Corporation Results Update

Minda Corporation reported record FY26 consolidated revenue of Rs. 6,185 Crore, growing 22.3% YoY. The board recommended a final dividend of Rs. 0.80 per equity share.

Minda Corporation Board Meeting Outcome

Minda Corporation approved the re-appointment of its statutory, cost, internal, and transfer pricing auditors. The board meeting outcomes ensure continuity in the company's audit and compliance frameworks.

Execution

12 to 60 months

Minda Corporation Management Change

Minda Corporation re-appointed S.R. Batliboi & Co. as Statutory Auditors for five years. Other internal and cost auditor appointments were also approved for FY 2026-27.

Execution

FY 2026-27 to FY 2030-31

Minda Corporation Earnings Call: Key Takeaways

Minda Corp reported record FY26 consolidated revenue of ₹6,185 Cr (up 22.3%) and PAT of ₹358 Cr (up 40.3%), driven by premiumization and strategic JVs.

Minda Corporation Dividend

Minda Corporation recommended a final dividend of Rs. 0.80 per share for FY2025-26. This brings the total annual dividend to Rs. 1.40 per equity share.

Minda Corporation Board Meeting Date

Minda Corporation scheduled a board meeting on May 22, 2026, to approve audited financial results and recommend a final dividend. Trading window remains closed until May 24.

Minda Corporation Fund Raise of ₹420.8 Cr

Minda Corporation Limited reported full utilization of ₹420.75 Crore raised through share warrants. The Monitoring Agency confirmed no deviations in fund usage for debt repayment.

Value

₹420.8 Cr

Minda Corporation Debt & Borrowing: ₹200 Cr

Minda Corporation Limited issued and allotted Commercial Paper worth ₹200 Crore on May 06, 2026. The instruments carry a 6.85% p.a. discount rate and are scheduled for redemption on June 22, 2026. The papers are listed on the National Stock Exchange of India.

Value

₹200.0 Cr

Execution

06-05-2026 to 22-06-2026

Minda Corporation Credit Rating

CRISIL upgraded Minda Corporation Limited's long-term credit rating from CRISIL AA-/Positive to CRISIL AA/Stable. The short-term rating was reaffirmed at CRISIL A1+. Additionally, its wholly-owned subsidiary, Minda Instruments Limited, saw its long-term rating upgraded to CRISIL AA/Stable, reflecting improved creditworthiness and financial stability for the group.

Minda Corporation Merger & Restructuring

Minda Corporation Limited incorporated a new joint venture entity, Spark Minda Turntide Private Limited, on April 11, 2026. The JV with UK-based Turntide Drives Limited will manufacture advanced EV powertrain solutions, including motor controllers and axial flux motors. Minda Corp holds a 49% stake in the new Indian entity.