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Minda Corp. Ltd. ( (IN:MINDACORP) ) has provided an update.
Minda Corporation Limited has issued a corrigendum to its Notice of Postal Ballot initially dispatched on March 28, 2025, to its members. This update follows a request from the National Stock Exchange of India for additional information regarding the company’s proposed preferential issue of share warrants. The corrigendum includes changes to the explanatory statement of the postal ballot notice, ensuring clarity on the objectives, interim use of proceeds, and other disclosures related to the preferential issue. The company’s actions reflect its commitment to regulatory compliance and transparency, potentially impacting its market positioning and stakeholder confidence.
More about Minda Corp. Ltd.
Minda Corporation Limited operates in the automotive industry, providing a range of products and services including automotive components and systems. The company focuses on innovation and quality to cater to the evolving needs of the automotive market.
YTD Price Performance: -8.18%
Average Trading Volume: 18,326
Current Market Cap: 113.8B INR
For a thorough assessment of MINDACORP stock, go to TipRanks’ Stock Analysis page.