…the board of directors at Motherson Sumi Systems Ltd (MSSL) has approved the issuance of listed, secured, redeemable, non-convertible debentures (NCDs) with an aggregate amount up to ₹500 crore on a private placement basis, the company said in a regulatory filing today.

— Mint

Shardul Amarchand Mangaldas & Co advised Motherson Sumi Systems Limited led by a team of partner Shilpa Mankar Ahluwalia, senior associate Akshita Agrawal, associate Neeati Narayan and associate Vrinda Pareek.

Deal value: Rs 500 crore

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