Samvardhana Motherson International has completed acquisition of 73.05% stake (on a fully diluted basis) in Irillic. Irillic is engaged in design, development, manufacturing and distribution of real time Fluorescence Imaging and 4K Laparoscopy Imaging systems. The Board of Directors of the Company at their meeting held on October 20, 2023 have approved the same.
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.
