Board of Minda Corporation approves issuance of warrants to Minda Capital

The Board of Minda Corporation at its meeting held on 28 March 2025 has approved issuance of upto 76,50,000 warrants of the Company at a price of Rs. 550 per Warrant, aggregating to Rs. 420.75 crore to Minda Capital, a promoter of the Company on preferential basis, for cash consideration.