Minda Corporation Limited — QIP/Rights/Pref., 09-04-2025: Issue of Securities

The company has announced a board meeting on discussing a preferential issue of securities to raise ₹500 crore. The plan includes issuing 10 million shares at an issue price of ₹50 per share. Proceeds from this issuance are intended to strengthen the balance sheet and fund future expansion projects. This move aims to enhance operational capabilities and support growth initiatives in the coming years. Investors should monitor the potential impact on shareholding and liquidity following this capital increase.