Loan & Debt2 Sept 2026, 07:51 pm
Samvardhana Motherson Intl Issues Guarantee for Subsidiary's ₹70 Cr Loan
AI Summary
Samvardhana Motherson International Limited has issued a corporate guarantee to Mizuho Bank, Ltd. for a credit facility amounting to INR 700,000,000 (₹70 Crores) availed by its wholly-owned subsidiary, Motherson Digital Technologies Limited (MDTL). MDTL is involved in software development and related digital services. The guarantee secures the credit facility, with Samvardhana Motherson International's potential liability capped at the facility amount plus interest. The company states this corporate guarantee will have no material impact on its financial or operational activities.
Key Highlights
- Samvardhana Motherson Intl provides corporate guarantee for subsidiary.
- Subsidiary Motherson Digital Technologies secures ₹70 Cr credit facility.
- Guarantee is for software development and digital services.
- No material financial or operational impact on parent company.
- Liability capped at facility amount plus interest.
Price Impact
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