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Motherson Sumi to raise $300 mn to repay debt

business Updated: Jun 10, 2016 06:58 IST

NEW DELHI: Samvardhana Motherson Automotive Systems Group, a subsidiary of auto component maker Motherson Sumi Systems, will raise $300 million (around Rs 2,000 crore) through the issue of notes due in December 2021 to repay debt and for general corporate purposes.

First Published: Jun 10, 2016 06:58 IST