Samvardhana Motherson Board Gives In-Principle Approval for Issuance of Up to INR 5,000 Crore NCDs
Samvardhana Motherson International Limited announced that its Board of Directors granted in-principle approval for the issuance of Non-Convertible Debentures (NCDs). The approval followed a board meeting held on May 20, 2026.The company plans to issue the rated, listed, unsecured, redeemable NCDs on a private placement basis. The total aggregate principal amount approved is up to INR 5,000,00,00,000/- (Rupees Five Thousand Crores only).
Each NCD will have a face value of INR 1,00,000 (Rupees One Lakh only). The securities will be issued in one or more series or tranches to certain eligible investors.
Details of the Proposed Issuance
The Board approval covered several material details regarding the debentures. Key aspects of the proposed issuance include:| Feature | Details |
|---|---|
| Type of Security | Non-Convertible Debentures ('NCDs') |
| Type of Issuance | Private Placement |
| Total Securities Proposed | 5,00,000 NCDs |
| Aggregate Amount | Up to INR 5,000,00,00,000 (Rupees Five Thousand Crores only) |
| Listing Status | Yes, proposed to be listed on BSE Limited and/or National Stock Exchange of India Limited |
| Security Charge | Not applicable |
The details concerning the debentures, including the type of security, size of the issue, and listing status, were provided in the board’s documentation.
The board meeting commenced at 1000 Hours (IST) and concluded at 1420 Hours (IST). The company's management affirmed that the board approved the necessary arrangements for the private placement of these debentures.
MOTHERSON Stock Price Movement
Shares of Samvardhana Motherson International Limited are rallying to ₹134.58 as of 3:19 PM today, having gained 2.35% in live trading. The stock trades on 39.60 million shares, with the equity's action keeping the focus on its impressive 52-week high mark of ₹136.15.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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