Motherson Sumi Systems has raised Rs 235 crore through Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) and allotted 5.68% per annum, 2,350 NCDs having face value of Rs 10 lakh each for cash on private placement basis. The proceeds to be utilized for bona-fide business purposes including refinancing of existing indebtedness, capital expenditure, operating expenses and/or working capital.
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.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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