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Motherson Sumi Systems planning to raise of Rs 500 crore through NCDs

13 Apr 2020 Evaluate
Motherson Sumi Systems is planning to offer Rated, Secured, Listed, Redeemable Non-Convertible Debentures (NCDs) aggregating Rs 500 crore. The meeting of the Committee of Directors (Administrative Matters) is scheduled to be held on April 16, 2020, to consider the said proposal.
 
Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.

Peers
Company Name CMP
SamvardhanaMotherson 159.00
Tube Investments 2388.70
Bosch 44450.00
UNO Minda 1106.60
Bombay Burmah Trdg. 1270.15
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