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Minda Corp. Approves Share Warrant Issuance to Promoter

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Minda Corp. Approves Share Warrant Issuance to Promoter

Elevate Your Investing Strategy:

Minda Corp. Ltd. ( (IN:MINDACORP) ) has provided an update.

Minda Corporation Limited announced the results of a postal ballot voting process, which approved the issuance of 76,50,000 share warrants on a preferential basis to Minda Capital Private Limited, a promoter of the company. The resolution was passed with the requisite majority, indicating strong shareholder support for the move, which could impact the company’s capital structure and influence its future financial strategies.

More about Minda Corp. Ltd.

YTD Price Performance: -1.61%

Average Trading Volume: 12,119

Current Market Cap: 121.9B INR

For a thorough assessment of MINDACORP stock, go to TipRanks’ Stock Analysis page.

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