ALFA Filings
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Samvardhana Motherson International's subsidiary has completed the sale of its 26% stake in AES (India) Engineering Limited for Rs.0.68 Crore to T-Net Japan.
Motherson Technology Services Limited, a subsidiary of the Company, has completed a capital reduction process. It is now a wholly owned subsidiary of the Company.
Samvardhana Motherson International Limited has incorporated a new joint venture subsidiary, MHSCL JVC Holding Limited, in Dubai to provide logistics solutions.
Samvardhana Motherson International's subsidiary, MTSL, received NCLT approval for a share capital reduction. The issued capital will be reduced by Rs. 7.86 Crore.
Samvardhana Motherson will acquire an additional 0.15% stake in Shenzhen Autocruis Technology for ₹4.18 Crore. This transaction follows their prior controlling stake acquisition.
NCLT Mumbai has approved the share capital reduction of Motherson Technology Services Limited. Following this, MTSL and its subsidiaries will become wholly-owned subsidiaries of Samvardhana Motherson.
Samvardhana Motherson's subsidiary, SMISL, will sell its 26% equity stake in the joint venture AES (India) Engineering Limited to T-Net Japan Co., Ltd.