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.