Description

BSE announces listing of ₹500 crore Commercial Paper issued by Samvardhana Motherson International Limited on private placement basis, effective October 10, 2025.

Summary

BSE has listed Commercial Paper worth ₹500 crore (10,000 units of ₹5 lakh each) issued by Samvardhana Motherson International Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective October 10, 2025, with redemption scheduled for January 7, 2026. ICICI Bank Limited acts as the Issuing and Paying Agent.

Key Points

  • Issuer: Samvardhana Motherson International Limited
  • Security Type: Commercial Paper (private placement)
  • Total Issue Size: ₹500 crore (10,000 units)
  • Face Value: ₹5,00,000 per unit
  • Issue Price: ₹4,92,830.50 per unit
  • ISIN: INE775A14780
  • Scrip Code: 730372
  • Scrip ID: SMIL091025
  • Credit Rating: ICRA A1+, IND A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Standard Denomination: ₹5 lakhs and multiples thereof

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE775A14780
  • Trading must be conducted in standard denomination of ₹5 lakhs and multiples thereof
  • All trades subject to BSE Debt segment rules and regulations
  • Members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 9, 2025
  • Listing Date: October 10, 2025
  • Redemption Date: January 7, 2026
  • Tenure: 90 days (approximately)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that provides short-term debt instrument for institutional investors. The high credit rating (A1+) indicates strong creditworthiness.

Investor Impact: Relevant only for debt market participants and institutional investors trading in commercial paper. The 90-day tenor and top-tier credit rating make this suitable for treasury operations and short-term liquidity management.

Operational Impact: Trading members dealing in debt securities need to update their systems with the new scrip details. Standard BSE debt segment trading protocols apply.

Impact Justification

Routine commercial paper listing notice affecting only debt market participants trading in corporate debt instruments