Minda Corp. Ltd. ( (IN:MINDACORP) ) has issued an update.
Minda Corporation Limited has announced the dispatch of a Postal Ballot Notice to its members for the authorization to issue and allot up to 76,50,000 share warrants on a preferential basis to Minda Capital Private Limited, a promoter of the company. This strategic move is aimed at strengthening the company’s capital structure and enhancing its financial flexibility, potentially impacting its market position and offering benefits to stakeholders.
More about Minda Corp. Ltd.
Minda Corporation Limited operates in the automotive industry, providing a range of products and services that cater to the needs of vehicle manufacturers. The company focuses on delivering innovative solutions and maintaining a strong presence in the market.
YTD Price Performance: 3.63%
Average Trading Volume: 22,329
Current Market Cap: 128.4B INR
Learn more about MINDACORP stock on TipRanks’ Stock Analysis page.