Motherson Sumi Wiring India Limited — Others, 04-06-2025: Shareholders meeting
04-06-2025 | 10:26 pm
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.
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