StockWatch
·
Auto Components & Equipments
Loan & Debt16 Sept 2026, 04:13 pm

Samvardhana Motherson issues Corporate Guarantee for subsidiary

AI Summary

Samvardhana Motherson International Limited has issued a corporate guarantee in favor of Mizuho Bank, Ltd. for a credit facility availed by its wholly owned subsidiary, Yutaka Autoparts India Private Limited (YAIPL). The credit facility amounts to INR 750,000,000. YAIPL is engaged in manufacturing auto components, with revenues of INR 3824.17 million as of March 31, 2026. The company stated that this guarantee will have no material impact on its financial or operational activities. The disclosure is made as per SEBI regulations.

Key Highlights

  • Corporate guarantee issued for subsidiary Yutaka Autoparts India.
  • Credit facility secured is up to INR 750 million.
  • No material impact on Samvardhana Motherson's financials.
  • Disclosure made as per SEBI regulations.