Samvardhana Motherson International Issues INR 300 Crores Commercial Paper for Kotak Mahindra Bank Limited
Samvardhana Motherson International Ltd has issued Commercial Paper (CP) amounting to INR 300 crores. The paper was issued in favor of Kotak Mahindra Bank Limited and is listed on the BSE Limited.The CP details outline an issue size of INR 300,00,00,000. These papers consist of 6,000 units, each having a face value of INR 5,00,000/-.
Key terms of the commercial paper include a fixed coupon/interest rate of 7.20%. The instrument has an unsecured charge and no special rights are attached to it.
The CP was issued on June 6, 2026, giving it a tenure of 87 days until its maturity date of September 11, 2026. The interest is charged upfront, with the principal amount scheduled for payment upon maturity.
A summary of the financial details regarding the Commercial Paper is provided below:
| Detail | Specification |
|---|---|
| Issue Size | INR 300,00,00,000 |
| Beneficiary | Kotak Mahindra Bank Limited |
| Listing Status | Listed at BSE Limited |
| Tenure | 87 days |
| Coupon/Interest Rate | 7.20% |
| Date of Issue | June 6, 2026 |
| Date of Maturity | September 11, 2026 |
| Charge | Unsecured |
| ISIN | INE775A14822 |
MOTHERSON Stock Price Movement
As of 1:14 PM, shares of Samvardhana Motherson International Limited are slipping by 2.52% in live trading, currently at ₹143.88 after shedding ₹3.72 in the commodities sector. The stock has seen active participation, with over 10.78 million shares traded during the session so far.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.