Date: July 09, 2026
Corporate Guarantee Disclosure
Samvardhana Motherson International Limited has agreed to issue a corporate guarantee for a Term Facility availed by its wholly owned subsidiary, Motherson Global Investments B.V.
Guarantee Details
- Parties Involved: Samvardhana Motherson International Limited (Guarantor) and Motherson Global Investments B.V. (Borrower) with Sumitomo Mitsui Banking Corporation (Lender)
- Facility Amount: EUR 60,000,000 (Euro Sixty Million)
- Agreement Date: July 09, 2026
- Guarantee Amount: Up to EUR 63,000,000 (Euro Sixty Three Million), representing 105% of the facility amount
- Effective Date: The guarantee shall become effective within 6 months from the date of disbursement of the first tranche of the loan, upon completion of agreed conditions
- Validity Period: The guarantee remains in force according to the agreement, with maximum validity extending up to October 31, 2031
Transaction Characteristics
- Relationship: The transaction involves a wholly owned subsidiary of the company
- Arm's Length: The promoter/promoter group/group companies have no interest in this transaction
- Financial Impact: No impact on the Consolidated Financial Statements of the Company since the facility is availed by a wholly owned subsidiary