Samvardhana Motherson International Limited — QIP/Rights/Pref., 27-06-2025: Allotment of Securities
27-06-2025 | 09:04 pm
27-06-2025 | 09:04 pm
Samvardhana Motherson International Limited has announced a board meeting on June 27 to approve the issuance and allotment of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) worth ₹2025 Cr, each with a face value of ₹1 lakh and a coupon rate of 6.80% per annum. These NCDs will be issued via private placement and listed on the BSE wholesale debt market. This move will infuse ₹2025 Cr into the company, strengthening its financial resources.
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