Samvardhana Motherson acquires 100% stake in Samvardhana Motherson Adsys Tech

21 Dec 2023 Evaluate

Samvardhana Motherson International has acquired 100% stake of Samvardhana Motherson Adsys Tech from Motherson Auto, subject to satisfactory completion of conditions precedent. With this, Samvardhana Motherson Adsys Tech became wholly owned subsidiary of the Company.

Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.

SamvardhanaMotherson Share Price

148.70 -2.65 (-1.75%)
09-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 148.70
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Bosch 32799.85
UNO Minda 1067.65
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