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Samvardhana Motherson International informs about acquisition

03 Jun 2023 Evaluate

With reference to letter dated April 17, 2023 regarding acquisition by Samvardhana Motherson International (formerly Motherson Sumi Systems - the Company) of additional 30% stake of Youngshin Motherson Auto Tech from Youngshin Components Co, Korea. Samvardhana Motherson International has informed that the Company has now completed the aforesaid acquisition on June 2, 2023 upon completion of conditions precedent.

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

Peers
Company Name CMP
SamvardhanaMotherson 162.50
Tube Investments 2601.80
Bosch 47982.85
UNO Minda 1204.00
Bombay Burmah Trdg. 1398.00
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