Samvardhana Motherson International517334Convertibles
Notice to 6.50% CCD Holders: Entitlement Date September 30, 2026 and Conversion Procedure
The company has notified holders of its 6.50% CCDs (face value ₹1,00,000 each; 1,50,000 CCDs issued at ₹1,00,000 each) that the Entitlement Date is September 30, 2026.
- CCDs Issued
- 1,50,000 CCDs at ₹1,00,000 face value each
- Coupon Rate
- 6.50%
- Entitlement Date
- September 30, 2026
- First Conversion Window
- October 1–7, 2026, conversion on October 8, 2026
21 Sep
What Samvardhana Motherson International said
- The company shared with the exchanges a notice sent to holders of its 6.50% unsecured, unrated, listed Compulsorily Convertible Debentures (CCDs), explaining when and how they can convert into equity shares.
- 1,50,000 CCDs were allotted to eligible qualified institutional buyers on September 20, 2024.
- Face value and issue price: ₹1,00,000 per CCD.
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