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Samvardhana Motherson International Limited has issued unsecured commercial paper worth INR 250 crores, listed on BSE Limited. The 50-day instrument, carrying a coupon rate of 6.35%, was allotted on January 20, 2026, and matures on March 11, 2026, in favor of YES Bank Limited.
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Samvardhana Motherson International Limited (SMIL), a leading global automotive component manufacturer, has announced the issuance of commercial paper valued at INR 250 crores. The short-term debt instrument has been listed on BSE Limited, reinforcing the company’s financial strategy to optimize liquidity and meet working capital requirements.
Key highlights of the issuance:
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Issue size INR 250,00,00,000 comprising 5000 commercial papers of INR 500,000 each
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Tenure of 50 days with allotment on January 20, 2026 and maturity on March 11, 2026
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Coupon rate fixed at 6.35 percent, with interest charged upfront
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Instrument issued in favor of YES Bank Limited under ISIN INE775A14806
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Principal repayment scheduled on maturity date, with no interim interest payments
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Unsecured nature of the paper, with no special rights or privileges attached
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No delays, defaults, or adverse comments reported regarding payment obligations
This issuance underscores SMIL’s proactive approach in leveraging capital markets for short-term funding while maintaining transparency through listing on BSE Limited.
Sources: BSE Limited, Samvardhana Motherson International Limited
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