Minda Corporation Limited (MINDACORP)
General Updates
Minda Corporation acquired 1.8 crore equity shares in its subsidiary Spark Minda-Toyodenso India Pvt Ltd on Oct 5, 2026, for Rs 18 crore cash at par via Rights Issue. The acquisition supports the subsidiary's operational and capex needs. The company's shareholding remains at 60%. Spark Minda-Toyodenso, incorporated Aug 21, 2025, manufactures advanced automotive switches with Rs 83 lakh income in FY26.
Source: Original filing PDF
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🚨 MINDACORP — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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