Samvardhana Motherson International Limited has announced the issuance of commercial paper (CP) totaling INR 250 crores. The CP has a face value of Rs. 500,000 each. Listed on BSE Limited, the CP has a tenure of 50 days, with a maturity date of March 11, 2026 and an interest rate of 6.35%. YES Bank Limited is the investor, and the CP is unsecured.
Commercial Paper Issuance
Samvardhana Motherson International Limited has issued commercial paper amounting to INR 250,00,00,000 (INR 250 crores). The commercial paper has a face value of Rs. 500,000 each.
Key Details of the Commercial Paper
Here are the specifics of the issued commercial paper:
- Listing: Listed on BSE Limited.
- Tenure: 50 days
- Issue Date: 20-01-2026
- Maturity Date: 11-03-2026
- Interest Rate: 6.35%
- In Favor Of: YES Bank Limited
- ISIN: INE775A14806
- Interest Payment: N.A. (Interest charged upfront)
- Principal Payment: Payment on maturity i.e. March 11, 2026
- Charge/Security: Unsecured
Source: BSE
