Samvardhana Motherson International Limited’s Board of Directors has granted in-principle approval for the issuance of Non-Convertible Debentures (NCDs) worth up to ₹5,000 crore. The decision was taken during a meeting held on May 20, 2026, under Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The proposed securities are rated, listed, unsecured, and redeemable NCDs with a face value of ₹1,00,000 each. The issuance will be conducted on a private placement basis in one or more series or tranches, targeting eligible investors as per applicable laws. The company intends to list these instruments on BSE Limited and the National Stock Exchange of India Limited.

Key Details of the Issuance

The aggregate principal amount of the issue is capped at ₹5,000 crore. The specific terms regarding the tenure, coupon rate, and payment schedules will be decided by the delegated authorized persons or a committee of directors. The company confirmed that no charge or security will be created over the assets for this issuance.

The Board meeting commenced at 1000 Hours IST and concluded at 1420 Hours IST on the same day. The issuance is subject to final approvals and market conditions.

Samvardhana Motherson International Limited disclosed on May 8, 2026, the issuance of a corporate guarantee in favour of lenders for a Revolving Credit Facility availed by its wholly owned subsidiary, Motherson Global Investments B.V. (MGI B.V.). The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the SEBI Master Circular dated January 30, 2026.

Corporate Guarantee Details

The company has provided a corporate guarantee to secure the Revolving Credit Facility availed by MGI B.V. from certain identified lenders. The key terms and parameters of the guarantee and the underlying facility are outlined below:

Transition from Existing Facility

As part of this arrangement, the existing revolving facility of EUR 670,000,000 (Euro Six Hundred Seventy Million only) will be cancelled. However, the obligation of EUR 737,000,000 (Euro Seven Hundred Thirty-Seven Million only) under the existing revolving facility will continue not beyond August 16, 2026, as per the terms of the agreement.

Financial Impact on the Company

The company has stated that the corporate guarantee will have no impact on its Consolidated Financial Statements. This is on account of the Revolving Credit Facility being availed by MGI B.V., which is a wholly owned subsidiary of the company. The guarantee was signed and disclosed by Company Secretary Alok Goel on May 8, 2026.

Regulatory Compliance

The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited in accordance with the applicable regulatory framework. The disclosure was made under Regulation 30 read with Clause 11 of Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular.