Samvardhana Motherson International Limited has announced the issuance of commercial paper valued at ₹250 crore. The commercial paper, comprising 5,000 units each with a face value of ₹500,000, has been listed on BSE Limited.
The tenure for this issuance is set at 87 days, with the date of issue and allotment being 17th March 2026. The commercial paper is scheduled to mature on 12th June 2026. The interest rate for this issuance is fixed at 6.00%, with interest being charged upfront.
BNP Paribas is the beneficiary of this commercial paper, which carries the ISIN INE775A14814. The payment of the principal amount is scheduled for maturity, i.e., 12th June 2026. The commercial paper is unsecured and does not carry any special rights, interests, or privileges.
There are no delays or defaults in the payment of interest or principal amount for a period exceeding three months from the due date. Additionally, there are no letters or comments regarding payment or non-payment of interest or principal on due dates concerning the security or assets.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).