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Samvardhana Motherson International LimitedImportant, 08-08-2025: General Updates

08-08-2025 | 03:46 pm

Samvardhana Motherson International Limited has incorporated Motherson New Energy Limited (MNEL) as a wholly-owned subsidiary, with an initial authorized capital of Rs 0.05 Cr. MNEL's core business will be designing, developing, owning, and operating power, energy, and infrastructure projects, primarily using renewable sources for captive use. This strategic move highlights Motherson's entry into the renewable energy sector, potentially bolstering its long-term operational capabilities and diversification.

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