Corporate News     21-Nov-16
Minda Corporation gets upgradation in credit ratings
From India Ratings and Research
Minda Corporation announced that India Ratings and Research has upgraded the Company's Long Term Issuer Rating to IND A+ from IND BBB (suspended). The Outlook is Stable.

Long term loans (Rs 88.04 crore) - IND A+/Stable (Upgraded from IND BBB)

Non fund based limits (Rs 79.36 crore) - IND A+/Stable (Upgraded from IND BBB) and Short term IND A1+ (Upgraded from IND A2)

Fund based limits (Rs 63.5 crore) - IND A+/ Stable (Upgraded from IND BBB) and Short term IND A1+ (Upgraded from IND A2)

Previous News
  Minda Corp hits all-time high on Rs 750-cr order win
 ( Hot Pursuit - 11-Jul-23   10:56 )
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  Board of Minda Corporation approves change in directorate
 ( Corporate News - 25-Mar-21   13:03 )
  Minda Corporation signs technology license agreement with LocoNav
 ( Corporate News - 22-Nov-22   17:09 )
  Minda Corporation grants 80,000 stock options under ESOP
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