Samvardhana Motherson International shines on getting nod to raise Rs 8500 crore via NCDs
Samvardhana Motherson International is currently trading at Rs. 155.30, up by 3.15 points or 2.07% from its previous closing of Rs. 152.15 on the BSE.
The scrip opened at Rs. 154.30 and has touched a high and low of Rs. 158.65 and Rs. 153.55 respectively. So far 1378142 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 217.00 on 27-Sep-2024 and a 52 week low of Rs. 107.30 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 158.65 and Rs. 147.00 respectively. The current market cap of the company is Rs. 109168.12 crore.
The promoters holding in the company stood at 58.13%, while Institutions and Non-Institutions held 33.42% and 8.44% respectively.
Samvardhana Motherson International has received approval for issuance of rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value of Rs 1,00,000 each, for an aggregate principal amount of up to Rs 8500 crore, on a private placement basis, in one or more series / tranches to certain eligible investors. The Board of Directors of the Company in its meeting held on May 29, 2025 has given an in-principle approval for the same.
Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.
