Samvardhana Motherson Lists ₹200 Cr Commercial Paper

Samvardhana Motherson International Limited has announced the listing of Commercial Paper worth ₹200 crores on BSE Limited. The issue comprises 4000 Commercial Papers with a face value of ₹500,000 each. The tenure of the Commercial Paper is 83 days, with the issue date on September 30, 2026, and maturity on December 22, 2026. The coupon rate is 6.25%, with interest charged upfront. The Commercial Paper is unsecured and has been issued in favour of Kotak Mahindra Bank Limited. This move signifies the company's ongoing efforts to manage its working capital and funding requirements through short-term debt instruments.