Motherson Sumi issues Commercial paper of Rs100cr; Stock trades flat

The date of allotment was on September 24, 2021, with a tenure of 91 days and a coupon rate of 3.70% in favour of ICICI Prudential Liquid Fund.

Oct 05, 2021 12:10 IST India Infoline News Service

Motherson Sumi Systems Limited has got listing approval from BSE for issued a Commercial Paper (unsecured) of Rs100cr. The date of allotment was on September 24, 2021, with a tenure of 91 days and a coupon rate of 3.70% in favour of ICICI Prudential Liquid Fund.

At around 12.12 pm, Motherson Sumi Systems Ltd was trading at Rs226.45 per piece down by Rs0.05 or 0.02% from its previous closing of Rs226.50 per piece on the BSE.
The scrip opened at Rs225 and has touched a high and low of Rs229.40 and Rs225 respectively.

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