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Merger & Restructuring

Minda Corporation Merger & Restructuring

Minda Corporation Limited incorporated a new joint venture entity, Spark Minda Turntide Private Limited, on April 11, 2026. The JV with UK-based Turntide Drives Limited will manufacture advanced EV powertrain solutions, including motor controllers and axial flux motors. Minda Corp holds a 49% stake in the new Indian entity.

Source

NSE filing, NSE: MINDACORP. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Minda Corporation Ltd: key numbers

Share price
₹632.45
Market cap
₹15,121 Cr
Revenue (annual)
₹6,185 Cr
Net profit (annual)
₹360.3 Cr
P/E (TTM)
30.2×Sector 30.5×
Promoter holding
64.84%+0.00% QoQ
FII holding
9.36%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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