Samvardhana Motherson International Limited — Credit Ratings, 10-05-2025: Credit Rating- Others

Fitch Ratings has reaffirmed Samvardhana Motherson International Limited’s (SAMIL) long-term issuer default rating at BB+ with a stable outlook, reflecting steady financial health and consistent credit metrics. The ratings for subsidiaries SMRP B.V and Motherson Global Investment B.V were also affirmed, with SMRP B.V’s rating withdrawn due to a change in security structure involving a parent guarantee. This rating affirmation helps maintain stable borrowing costs and investor confidence, providing SAMIL with a reliable financial foundation for future operations.