Samvardhana Motherson International Limited has issued a corporate guarantee amounting to EUR 756,000,000 for its wholly owned subsidiary, Motherson Global Investments B.V. This guarantee supports a Revolving Credit Facility availed by the subsidiary, as detailed in a recent regulatory filing.
The corporate guarantee was issued on 8th May 2026, serving as security for the credit facility provided by certain identified lenders. The facility aggregates up to EUR 720,000,000, with the company’s potential liability capped at 105% of this amount, equating to EUR 756,000,000. The guarantee will remain in force according to the terms of the Revolving Facility Agreement, with a maximum validity extending up to 15th August 2029.
In addition, the existing revolving facility of EUR 670,000,000 will be cancelled. However, obligations amounting to EUR 737,000,000 under the existing facility will continue until 16th August 2026, as per the agreement.
The company clarified that this corporate guarantee will not impact its Consolidated Financial Statements, as the credit facility is availed by its wholly owned subsidiary.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).