Minda Corporation Limited — Important, 16-06-2025: Updates

Minda Corporation has announced a board meeting on the financial results for the quarter and half-year. The company acquired 50% in a new JV, Minda-HCMF Technologies, and 49% in Flash Electronics, now an associate. It plans to raise about ₹268 Cr via preferential allotment of 7.65 million share warrants at ₹350 each. For FY24, standalone PAT stood at ₹205.9 Cr with operating cash flow improving to ₹539 Cr. A dividend of 70% of face value was approved.