ALPHA TRIBE

Samvardhana Motherson International LimitedUpdates, 31-05-2025: Scheme of Arrangement

31-05-2025 | 11:24 am

Samvardhana Motherson International Limited has announced a corporate restructuring involving its wholly owned subsidiaries. The plan includes demerging a business division from Samvardhana Motherson Innovative Solutions Limited into the parent company, while amalgamating Samvardhana Motherson Auto System Private Limited into the parent and Motherson Machinery and Automations Limited into SMISL. This restructuring aims to streamline the group’s operations, enhance efficiency, and reduce costs. Since all entities are wholly owned, no new shares will be issued. The restructuring has received majority consent from creditors and shareholders, with regulatory approvals in progress, and will simplify the group’s structure by dissolving the amalgamated subsidiaries.

No comments yet. Be the first to comment!

All announcements from Samvardhana Motherson International Limited