Issue Size: ₹200,00,00,000 (Indian Rupees Two Hundred Crore Only).
Instrument Details: The issuance comprises 4,000 Commercial Papers, each with a face value of ₹5,00,000.
Interest Rate: The coupon/interest rate for the CP is 6.25% per annum.
Tenure: The CP has a tenure of 78 days.
Parties Involved
Issuer: Samvardhana Motherson International Limited.
Beneficiary (In favour of): Kotak Mahindra Bank Limited.
Listing Exchange: BSE Limited. The notice of listing is available at the provided URL: https://www.bseindia.com/downloads/UploadDocs/Notices/20260710-21/20260710-21.pdf.
Instrument Characteristics
Security: The Commercial Paper is unsecured, meaning no charge or security has been provided against it.
Special Rights: No special rights, interests, or privileges are attached to the instrument.
Interest Payment Schedule: Interest is charged upfront; therefore, a schedule for interest payment is not applicable (N.A.).
Principal Repayment Schedule: The entire principal amount is scheduled for payment upon maturity on September 25, 2026.
Default Provisions: The disclosure states 'Not Applicable' for any delay in payment of interest/principal for more than 3 months from the due date.
