Mumbai, March 28 -- Samvardhana Motherson International has been allotted 17,500 9.25% Compulsory Convertible Debentures (CCDs)of face value Rs. 1 lakh each aggregating to Rs 175 crore by CIM Tools.

Further, CCDs will be converted into equity shares of CIM Tools by Q1 of Financial Year 2025-26.

Published by HT Digital Content Services with permission from Capital Market....