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 Corporation
 ( Analyst Meet / AGM - Conference Call 19-May-23   16:53 )
  Minda Corporation consolidated net profit rises 60.74% in the March 2023 quarter
 ( Results - Announcements 19-May-23   16:28 )
  Minda Corporation to hold board meeting
 ( Corporate News - 14-May-24   14:28 )
  Minda Corporation consolidated net profit rises 48.00% in the September 2022 quarter
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 ( Corporate News - 02-May-23   13:54 )
  Minda Corporation to announce Quarterly Result
 ( Corporate News - 03-Aug-21   17:02 )
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  Board of Minda Corporation recommends Interim Dividend
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  Board of Minda Corporation approves change in directorate
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