News

The objective of the acquisition is to enhance integration in the automotive supply chain

The proposed transaction will contribute towards the growth of Precision Metals & Modules division

Earlier, the company had signed strategic agreement to acquire assets

The company will hold 80% of equity share capital of YMAT

The said NCDs will be listed on the Wholesale Debt Market segment of BSE

Further, MSSL Consol may assign the investment in Prysm to any of the subsidiaries of SAMIL

Motherson will form an 81%:19% strategic partnership with Honda Motor

The company has acquired Baldi via SMP Automotive Produtos Automotivos Do Brasil

The objective of acquisition is to expand share of business with Japanese OEMs

After acquisition of aforesaid 1.55% stake, SMR Jersey has become 100% subsidiary of SMRP B.V.

The proposed transaction will contribute towards the growth of Precision Metals & Modules division

The shares were offloaded within the price range of Rs 121.03-121.25 apiece

This new facility is a part of Motherson’s Modules and Polymer Products division

The Board of Directors of the Company in its meeting held on February 8, 2023, has approved the same

The newly incorporated entity belongs to group risk management activities & consultancy services

The Board of Directors of the Company in its meeting held on August 8, 2022, has approved the same

Total income of the company increased by 28.79% at Rs 23,639.16 crore for Q2FY24

Also, as a part of the transaction the company has signed a long-term agreement with DICV for supply of the complete frame assembly

The state-of-the-art facility will contribute to global growth strategy of wiring harness division

The newly incorporated company will acquire, invest and hold movable and immovable assets of group

SIAAIPL is engaged in manufacturing of premium upholstery for passenger vehicles applications

The cost of acquisition is pegged at an enterprise value of 7.2 million euros

With the above sell-out, SWS’s holding in SAMIL will reduce to 14.32%

Post completion of the transaction, Motherson Technology Service SG Pte will own 100% of MSTKG

The newly incorporated company will perform manufacturing and/or assembly operations

The Board of Directors of the company at their meeting held on March 16, 2023 approved the same

A certificate of incorporation was received on March 15, 2023

ME-US will own and operate the business and assets recently acquired by SMP Automotive Systems Alabama Inc. from Bolta US

The shares were sold at an average price of Rs 73.11 apiece, taking the transaction value at Rs 776.34 crore

Sojitz Corporation offloaded 12,80,00,000 shares at an average price of Rs 64.53 apiece

The objective of the acquisition is to enhance integration in the automotive supply chain thereby increasing customer proximity

The Board of Directors of the Company at their meeting held on October 20, 2023 have approved the same

The Company via Samvardhana Motherson Automotive Systems Group B.V. will hold 11% in REE Automotive on fully diluted basis

The company has incorporated wholly owned subsidiary on February 19, 2025

With this, Fritzmeier Motherson Cabin Engineering has become wholly owned subsidiary of the Company

The Board of Directors of the Company at their meeting held on October 20, 2023 approved the same

The transaction is expected to be closed in Q4 FY24 i.e., in the quarter ending March 31, 2024

The said NCDs will be listed on the Wholesale Debt Market segment of BSE and National Stock Exchange of India

With this acquisition, Motherson will also gain access to innovative electronic interior polymer components

The MoU encourages joint cooperation by SAMIL and MISA in the development of automotive parts industry in the Kingdom of Saudi Arabia

The newly incorporated entities will acquire, invest and hold movable and immovable assets of group and other industrial assets

Total consolidated income of the company increased by 30.16% at Rs 22,551.94 crore for Q4FY23

The units in consideration for phased operational reconfiguration are wholly owned subsidiaries of the Company

The proposed deal is expected to be closed in 6-8 months subject to completion of all conditions precedent

The Board of Directors of the company at their meeting held on January 27, 2023 approved the same

The Board of Directors of Samvardhana Motherson International in its meeting held on November 27, 2023 approved the same

The Board of Directors of the Company in its meeting held on May 29, 2025 has given an in-principle approval for the same

This is the first-ever tool room in India dedicated to automotive lighting