Samvardhana Motherson International has received approval for the issuance of rated, listed, unsecured, redeemable, Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each, for an aggregate principal amount of up to Rs 5,000 crore on a private placement basis, in one or more series/tranches to certain eligible investors permitted to invest in the NCDs under applicable laws. The Board of Directors of the company at its meeting held on May 20, 2026 has given an in-principle approval for the same.
Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.
