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Samvardhana Motherson International informs about acquisition

21 Mar 2023 Evaluate

With reference to letter dated March 16, 2023 regarding acquisition by Samvardhana Motherson International that (formerly Motherson Sumi Systems) (the Company’) of remaining 50% stake of Fritzmeier Motherson Cabin Engineering from F Holdings GmbH, Austria. Samvardhana Motherson International has informed that the Company has now completed the aforesaid acquisition on March 20, 2023 upon completion of conditions precedent.

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

Peers
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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