Motherson Sumi Systems has informed that Standard & Poors Global Ratings (S&P) has revised its outlook on Samvardhana Motherson Automotive Systems Group B.V., Netherlands, a subsidiary of the Company to positive from stable on improved financial metrics while affirming BB+ long-term corporate credit rating on Samvardhana Motherson Automotive Systems Group B.V.
The above information is a part of company’s filings submitted to BSE.