Motherson Sumi Systems has informed that the first motion petition for the reorganization was heard by the NCLT on Tuesday, February 16, 2021, wherein the NCLT has orally pronounced its approval to hold shareholders' meeting to approve the scheme on April 29, 2021. Certified copy of the order of the NCLT is currently awaited. Further to the same, it enclosed the following for information to the investors/ shareholders of the Company: Addendum to Investor Presentation; and Frequently Asked Questions on the proposed reorganization. The same is also being uploaded on the website of the Company.
The above information is a part of company’s filings submitted to BSE.