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.