Samvardhana Motherson International Limited — Important, 19-06-2025: General Updates

Samvardhana Motherson International has announced a board meeting to approve a strategic move in its sustainability drive by acquiring a 28.15% stake in HR Dhauliganga Private Limited, a newly formed renewable energy SPV. This includes an investment of up to INR 14.13 Cr to support a ~50MWp solar captive power plant in Tamil Nadu, aiming to reduce carbon emissions by 1.38 million metric tons over the project’s lifespan. This investment will ensure long-term, cost-effective green energy supply across its operations, aligning with its carbon reduction goals.