| Purpose | AGM Date | Announcement Date |
|---|---|---|
| AGM | 29 Aug 2024 | 31 Jul 2024 |
| AGM 29/08/2024 Samvardhana Motherson International Limited has informed the Exchange regarding proceedings of 37th Annual General Meeting. Samvardhana Motherson International Limited has submitted with the Exchange a copy of Scrutinizer Report of Annual General Meeting held on August 29, 2024. Further, the Company has informed the Exchange regarding voting results. (As per BSE Announcement Dated on 29/08/2024) | ||
Contract production and deliveries will take place from Motherson’s aerospace facility in Bengaluru.
As part of the transaction, Atsumitec will establish a Special Purpose Company (SPC) to purchase a 51.99% stake from existing shareholders.
During the April-June quarter, the company's gross debt climbed by 16% while its net debt increased by 29% sequentially.
Following this deal, Samvardhana Motherson will be REE's exclusive partner in managing the complete supply chain.
Samvardhana Motherson International Ltd (SAMIL) has successfully acquired a 34% stake in Motherson Auto Solutions Ltd (MASL) from Sojitz Corporation.
As part of Motherson's effort to diversify into new markets, the Vivek Chaand Sehgal-led car component producer will become Apple's second largest vendor after Tata.
This transaction will be carried out by Samvardhana Motherson Innovative Solutions Ltd (SMISL), SAMIL's wholly-owned subsidiary.
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