
Loan & Debt10 Jul 2026, 07:30 pm
Samvardhana Motherson International Lists ₹200 Cr Commercial Paper
AI Summary
Samvardhana Motherson International Limited has announced the listing of Commercial Paper worth INR 200 crores on BSE Limited. The issuance comprises 4,000 Commercial Papers, each with a face value of Rs. 5,00,000/-. The tenure of the Commercial Paper is 78 days, with an issue and allotment date of July 9, 2026, and a maturity date of September 25, 2026. The coupon/interest rate is set at 6.25%, with interest charged upfront. The Commercial Paper is unsecured and has no special rights attached. This move signifies the company's ongoing debt financing activities.
Key Highlights
- Company listed Commercial Paper worth ₹200 crores.
- Tenure is 78 days with maturity on September 25, 2026.
- Interest rate is 6.25% charged upfront.
- The Commercial Paper is unsecured.
Price Impact
More from MOTHERSON