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Loan & Debt17 Jun 2026, 01:11 pm

Samvardhana Motherson Lists ₹300 Cr Commercial Paper

AI Summary

Samvardhana Motherson International Limited has successfully listed Commercial Papers worth INR 300 crores on BSE Limited. The issuance comprises 6,000 Commercial Papers with a face value of INR 5,00,000 each, maturing on September 11, 2026. The coupon rate for this unsecured issuance is 7.20%, with interest charged upfront. This move indicates the company's active management of its short-term financing needs.

Key Highlights

  • Samvardhana Motherson issued INR 300 Cr Commercial Paper.
  • Commercial Papers listed on BSE Limited.
  • Maturity date is September 11, 2026.
  • Coupon rate stands at 7.20%.
  • The issuance is unsecured.