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Post Tagged with: "Motherson Sumi"

Motherson Sumi restructuring gets a majority nod

Motherson Sumi restructuring gets a majority nod

In a regulatory filing with the stock exchanges about the outcome of the Hon’ble NCLT convened shareholder meeting, Motherson Sumi Systems Ltd. (MSSL) informed that the public shareholders (non-promoter) voted in favour of the proposal with an overwhelming majority. It is said to have paved the way for the successful completion of the proposed restructuring. 99.44 per cent of the[Read More…]

by — June 4, 2021 — Newscast

Samvardhana Motherson Automotive Systems Group BV announces acquisition of assets of ‘Scherer & Trier, Germany’

Motherson Sumi Systems Limited (MSSL), Noida-headquartered auto component giant, has announced acquisition of acquisition of assets of Scherer & Trier of Germany, through its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRP BV). The deal, which is worth nearly Euro 36 million (Rs 283 crore), will include the transfer of assets including land and building  & inventories along with shareholding[Read More…]

by — December 16, 2014 — Business Filings, Newscast, Short Takes, Trending, Web Exclusive