Samvardhana Motherson International Limited informed the Exchange that final listing approval received from BSE Limited for trading of 2,02,500 Rated, Listed, Unsecured, Redeemable, Non ....
Awaiting price reaction for this filing.
Samvardhana Motherson International has received final listing approval from BSE for trading of 2,02,500 Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures (NCDs). Each NCD has a face value of ₹1,00,000, implying a total issue size of approximately ₹2,025 crore. The debentures carry a coupon rate of 6.80% per annum, were allotted on June 27, 2025, and will mature on June 27, 2030 (a 5-year tenor). The NCDs will be tradable on BSE from June 30, 2025 under scrip code 976861 and ISIN INE775A08113. This is a follow-up to the company's earlier intimation dated June 27, 2025 regarding the allotment.
The NCD issuance diversifies the company's funding sources through the debt market at a 6.80% coupon, adding to its borrowing mix without diluting equity shareholders. Since these are unsecured debentures with a 5-year maturity, investors in the stock are not directly impacted, though higher overall debt levels are worth monitoring.