Board of Motherson Sumi Systems approves fund raising up to Rs 500 cr

Capital Market 

At meeting held on 16 April 2020

The Board of Motherson Sumi Systems at its meeting held on 16 April 2020, has approved the issuance of Listed, Secured, Redeemable, Non-convertible Debentures (NCDs), with an aggregate amount up to Rs.500 crore, on a private placement basis, in one or more tranches.

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First Published: Thu, April 16 2020. 10:01 IST