Samvardhana Motherson International Limited — Others, 04-06-2025: Shareholders meeting

Samvardhana Motherson International Limited has announced a board meeting to seek shareholder approval via postal ballot for a 1:2 bonus share issue, capitalizing up to INR 351.81 Cr from the securities premium account. This will increase the paid-up equity capital to over INR 1,055 Cr. The bonus shares will be allotted in dematerialized form and equally rank with existing shares. Conversion prices of existing compulsorily convertible debentures will be adjusted accordingly. This move marks the group’s 50th anniversary and underscores its robust financial health.