Board of Samvardhana Motherson International approves NCD issuance up to Rs 8,500 cr

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At meeting held on 29 May 2025
The Board of Samvardhana Motherson International at its meeting held on 29 May 2025 has approved issuance of rated, listed, unsecured, redeemable, non-convertible debentures of face value of Rs 1,00,000/- each, for an aggregate principal amount of up to Rs 8,500 crore, on a private placement basis, in one or more series / tranches to certain eligible investors permitted to invest in the NCDs.Powered by Capital Market - Live News
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First Published: May 29 2025 | 3:06 PM IST