Motherson gets ratings for non-convertible debentures
Samvardhana Motherson International Limited (SAMIL) announced it has received AAA ratings for its proposed Non-Convertible Debentures (NCDs) from leading rating agencies CRISIL, India Ratings, and ICRA. All three agencies assigned a "Stable" outlook to the instruments. The proposed issue size for each rating is INR 2,500 Crores. India Ratings issued their rating action as of June 17, 2025, while CRISIL and ICRA both issued their ratings as of June 18, 2025. The company stated that this update is in compliance with SEBI regulations concerning listing obligations and disclosure requirements. Links to the agency releases were provided. The ratings are for Non-convertible debentures.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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