Minda Corporation Ltd - 538962 - Incorporation Of New Joint Venture Company
Minda Corporation's subsidiary, Spark Minda Green Mobility Systems, formed a joint venture with Turntide Drives (UK) for advanced EV powertrain solutions. The new entity, 'Spark Minda Turntide Private Limited', was incorporated on April 11, 2026, with SMGM holding 49% stake.
Apr 13 2026 18:04:00
Minda Corporation Limited
Minda Corporation's wholly-owned subsidiary Spark Minda Green Mobility Systems Private Limited incorporated a joint venture, Spark Minda Turntide Private Limited, with Turntide Drives Limited on April 11, 2026. This JV aims to develop and manufacture advanced EV powertrain solutions for India's growing EV segment.
Apr 13 2026 18:04:00
Minda Corporation Ltd - 538962 - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended ('SEBI Listing Regulations')
Minda Corporation's material subsidiary, Minda Instruments Ltd., received a GST demand of ₹4.76 crore for FY20-21. The penalty is for misclassification of goods, and the company intends to appeal the order.
Mar 31 2026 13:03:00
Minda Corporation Limited
Minda Corporation received an Income Tax Assessment Order for FY23 from the IT Department with a total demand of ₹67.09 crores. The company is currently reviewing the order with its tax and legal advisors and intends to contest the matter, stating no financial or operational impact.
Mar 29 2026 14:03:00
Minda Corporation Ltd - 538962 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Minda Corporation received an income tax demand of ₹67.09 crore for AY 2023-24, including ₹17.76 crore in interest. The company is reviewing the order and intends to contest it before appellate authorities.
Mar 29 2026 14:03:00
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