Samvardhana Motherson International raises $771m in successful QIP amid investor demand
In a significant financial milestone, Samvardhana Motherson International Limited (SAMIL) has successfully closed its Qualified Institutional Placement (QIP) by raising a total of USD 771 million. The transaction, completed on September 20, 2024, witnessed strong demand from both domestic and international institutional investors, marking it as a pivotal event in SAMIL’s financial trajectory. SAMIL attracts […]