ALPHA TRIBE

Motherson Sumi Wiring India LimitedOthers, 04-06-2025: Shareholders meeting

04-06-2025 | 10:26 pm

Motherson Sumi Wiring India Limited has announced a board meeting on approving a bonus share issue of 1 share for every 2 held, funded from free reserves up to INR 221.05 Cr. This will raise the paid-up capital to INR 663.16 Cr. Bonus shares will be issued in dematerialised form and hold equal status to existing shares. A postal ballot with remote e-voting has been initiated for shareholder approval. This reward reflects the company’s robust financial position and celebrates its 50 years as a leading automotive solutions provider.

No comments yet. Be the first to comment!

All announcements from Motherson Sumi Wiring India Limited