Samvardhana Motherson International incorporates indirect wholly owned subsidiary

Samvardhana Motherson International Ltd. | Auto Ancillary | Automobiles | BSE: 517334 | NSE: MOTHERSON

18 Sep 2023 Evaluate

Samvardhana Motherson International has incorporated indirect wholly owned subsidiary namely ‘Motherson Electroplating US LLC’ (ME-US). ME-US will own and operate the business and assets recently acquired by SMP Automotive Systems Alabama Inc. from Bolta US.

Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.