Samvardhana Motherson International Limited — Others, 29-03-2025: Giving guarantees/indemnity/ becoming a surety for third party

Samvardhana Motherson International Limited has provided corporate guarantees for various facilities and borrowings of its wholly owned subsidiaries, including Motherson Global Investments B.V. and SMR Automotive Systems USA Inc., among others. The total estimated commitment under these guarantees is capped at USD 1,108 million, with individual guarantees ranging from 1.05 to 1.10 times the respective facility amounts. This strategic move is intended to leverage the company's consolidated credit strength across its subsidiaries. While this may enhance the subsidiaries' borrowing capacity, it has no immediate impact on the company's consolidated financials, presenting a neutral impact for investors.