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Samvardhana Motherson's non-convertible debentures listed on BSE Limited

Oct 6, 2023

By: BlinkX Research Team

Samvardhana Motherson International Limited has received final listing approval from BSE Limited for its non-convertible debentures (NCDs). The NCDs, totaling 1,50,000 (One Lakh Fifty Thousand) and with a face value of INR 1,00,000/- (Rupees One Lakh) each, have been listed on BSE Limited.

The NCDs, categorized as Rated, Listed, Unsecured, Redeemable, and Non-Convertible, will be available for trading under Scrip Code 975130, effective from October 5, 2023.

This development underscores the company's commitment to diversify its financial instruments and optimize its capital structure. Listing the NCDs provides investors with an opportunity to participate in the company's growth while ensuring liquidity in the secondary market.

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