FilingReader Intelligence
Motherson invests in CIM Tools, expands global reach
March 28, 2025 at 07:02 PM UTC•By FilingReader AI
Samvardhana Motherson International is making strategic moves to bolster its capabilities and expand its global footprint. The company announced that CIM Tools has allotted 17,500 compulsory convertible debentures (CCDs) to Motherson, each with a face value of Rs. 1,00,000, totaling Rs. 175,00,00,000. These CCDs, bearing a 9.25% interest rate, will convert into equity shares of CIM Tools by Q1 of the financial year 2025-26.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Samvardhana Motherson International Limited has informed the exchange regarding incorporation of step-down wholly owned subsidiary company.March 28, 2025 at 10:11 AM UTC
Samvardhana Motherson International Limited has submitted with the exchange an intimation under Regulation 30 of SEBI Listing Regulations.March 28, 2025 at 10:11 AM UTC
BSE:MOTHERSON•Bombay Stock Exchange
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