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Motherson Sumi Systems incorporates wholly owned subsidiary

06 Jul 2020 Evaluate

Motherson Sumi Systems has incorporated a wholly owned subsidiary namely, Motherson Sumi Wiring India (MSWIL) on July 2, 2020 for manufacturing of wiring harness. MSWIL will be the transferee entity into which the Domestic Wiring Harness business of the company will be transferred pursuant to the Scheme of Arrangement and Amalgamation approved by the Board of Directors of the company on July 2, 2020.

Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.

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Company Name CMP
SamvardhanaMotherson 159.00
Tube Investments 2388.70
Bosch 44450.00
UNO Minda 1106.60
Bombay Burmah Trdg. 1270.15
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