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Motherson Sumi Systems informs about press release

03 May 2021 Evaluate

With reference to its letter dated October 20, 2020 regarding execution of definitive agreement between Motherson Rolling Stock Mexico, S. de R.L. de C.V. (‘MRSM’), a wholly owned indirect subsidiary of Motherson Sumi Systems (the ‘Company’) through PKC Group Oy, with Bombardier to acquire Bombardier Transportation’s manufacturing site for Electrical Wiring Interconnection Systems in Huehuetoca, Mexico. Now, MRSM has completed acquisition of Bombardier Transportation’s manufacturing site for Electrical Wiring Interconnection Systems in Huehuetoca, Mexico on May 1, 2021 upon receipt of related approval(s) and completion of other closing events. In this respect, Motherson Sumi Systems has informed that it has enclosed a press release on 3rd May 2021 regarding the same.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 162.00
Tube Investments 2612.50
Bosch 47840.10
UNO Minda 1207.00
Bombay Burmah Trdg. 1398.95
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