Loan & Debt26 Sept 2026, 11:00 am
Samvardhana Motherson Lists ₹300 Cr Commercial Paper
AI Summary
Samvardhana Motherson International Limited has announced the listing of Commercial Papers worth INR 300 crores on BSE Limited. The issuance comprises 6000 Commercial Papers with a face value of Rs. 500,000/- each. The tenure of these papers is 64 days, with an issue date of September 24, 2026, and a maturity date of November 27, 2026. The coupon rate is 6.25%, with interest charged upfront. These are unsecured instruments with no special rights attached. The company has confirmed no delays or defaults in payment.
Key Highlights
- Samvardhana Motherson issued INR 300 Cr in Commercial Papers.
- CPs listed on BSE with a 64-day tenure.
- Maturity date set for November 27, 2026.
- Coupon rate stands at 6.25% (interest charged upfront).
- Instruments are unsecured with no special rights.
Price Impact
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