Announced Wed, 17 Jun · 17:36 IST
Motherson gets AAA rating reaffirmed by India Ratings; repays bank loans
MOTHERSON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹144.75
prior close
₹145.10
base price
After-mkt
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AI summary
India Ratings has reaffirmed Motherson's highest investment grade ratings: Issuer Rating at IND AAA (Stable) and Commercial Paper at IND A1+. The company fully repaid its long-term bank loan facilities worth Rs 5.50 billion, which were withdrawn by the rating agency. NCD rated amount was reduced from Rs 51.15 billion to Rs 40.40 billion due to redemption of Rs 6 billion NCDs in January 2026 and revision of another NCD's issue size from Rs 25 billion to Rs 20.25 billion.
Likely market impact
Strong credit profile maintained at highest AAA rating. Debt reduction through loan repayment and NCD redemption signals healthy balance sheet.