Motherson Lists INR 300 Crore Commercial Paper
Fundraising / Financing
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
17th Jun 2026
Key Quantitative Figures
- Issue Size: INR 300,00,00,000 (₹300 crores)
- Instrument Breakdown: 6,000 Commercial Papers with a face value of INR 5,00,000 each
- Tenure: 87 days
- Coupon/Interest Rate: 7.20% per annum
Dates of Action
- Date of Issue/Allotment: June 6, 2026
- Date of Maturity: September 11, 2026
Parties Involved
- Issuer: Samvardhana Motherson International Limited
- Beneficiary/Favored Party: Kotak Mahindra Bank Limited
- Listing Exchange: BSE Limited
Payment Structure
- Interest Payment: Charged upfront (N.A. for scheduled payments)
- Principal Repayment: Single bullet payment due at maturity on September 11, 2026
Security & Terms
- Charge/Security: The Commercial Paper is unsecured.
- Special Rights: No special rights or privileges are attached to the instrument.
- Default History: The disclosure states 'Not Applicable' for any history of delayed payments or defaults exceeding 3 months.
Regulatory & Listing Details
- The Commercial Paper has been listed on the BSE Limited.
- A notice of listing has been issued by BSE, with a link provided in the disclosure (denoted as 'LINK' in the data).