02-Jul-2026 16:22:11
SAMVARDHANA MOTHERSON INTERNATIONAL LTD : SUBSIDIARY DISSOLUTION
• Motherson DRSC Automotive Product Trading (Shanghai) Co. Ltd., an indirect wholly owned subsidiary, has been dissolved from Shanghai's Register. • The dissolution was approved by the Market Regulation Administration of Shanghai effective June 29, 2026. • Motherson DRSC was acquired by the company on October 2, 2023, as part of the Dr. Schneider Holding GmbH Group acquisition. • The subsidiary was not carrying out any business or operations. • Income and net-worth of Motherson DRSC during FY 2025-26 were INR 50 million and INR 25 million respectively. • This contributed a negligible 0% to the consolidated revenue and net-worth of the company. • The dissolution has no impact on the consolidated net-worth of the company. Impact: Neutral (Administrative dissolution of a dormant subsidiary with no financial impact)
Samvardhana Motherson International Ltd
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