Samvardhana Motherson International Limited (SAMIL), a leading automotive component manufacturer, has announced the incorporation of a new wholly owned subsidiary, Motherson Manufacturing Services Limited (MMSL). The move marks SAMIL's strategic expansion into diverse manufacturing and service sectors.

Key Details of the New Subsidiary

| Aspect | Detail | |:-----------------------------------|:---------------------------------------------------|| | Incorporation Date | August 26, 2025 | | Certificate of Incorporation Issued | August 27, 2025 | | Initial Paid-up Equity Share Capital | INR 5,00,000 | | Industry | Manufacturing and Services | | Ownership | 100% owned by Samvardhana Motherson International Limited |

Business Focus

MMSL is set to engage in a wide range of activities, including manufacturing, trading, and related services across various industries. This diversification strategy could potentially open new revenue streams for the parent company, SAMIL.

Regulatory Compliance

The incorporation of MMSL adheres to the Companies Act, 2013, ensuring full compliance with Indian regulatory requirements. SAMIL has duly informed the National Stock Exchange of India Limited and BSE Limited about this development, in line with SEBI regulations.

Market Implications

The incorporation of MMSL could potentially impact SAMIL's future financial performance and market position. Investors and market analysts will likely monitor the new subsidiary's progress and its contribution to SAMIL's overall business portfolio.

Additional Corporate Actions

SAMIL has also announced:

1. A scheduled Board Meeting on August 29, 2025, with a trading window closure from August 27 to August 31, 2025, for designated persons.

2. The record date for the first interest payment on its Listed Compulsorily Convertible Debentures (CCDs) has been set for September 14, 2025, with the payment due on September 30, 2025.

These corporate actions underscore SAMIL's active management of its financial instruments and commitment to regulatory compliance.

As MMSL begins its operations, stakeholders will be keen to observe how this new entity contributes to SAMIL's growth trajectory and overall business strategy in the coming years.

Samvardhana Motherson International Limited (SAMIL), a leading auto component manufacturer, has successfully completed the formation of its joint venture with South Korea's Egtronics Co., Ltd. The company announced the completion on January 07, 2026, marking a significant milestone in its expansion into the clean mobility electronics sector.

Joint Venture Completion

The joint venture formation was completed following the fulfillment of all conditions precedent, as disclosed in the company's regulatory filing. This development follows the initial Joint Venture Agreement (JVA) execution disclosed on June 19, 2025, and the subsequent incorporation of the wholly-owned subsidiary on August 22, 2025.

Shareholding Structure

Post completion of the transaction, the equity shareholding of Motherson Egtronics Electronics Solutions Limited (MEESL) has been restructured as planned. SAMIL now holds 51% stake along with nominee shareholders, while Egtronics Co., Ltd. holds the remaining 49% stake, establishing the strategic partnership between the Indian auto component giant and the South Korean electronics specialist.

Business Operations and Product Portfolio

MEESL is positioned to engage in comprehensive clean mobility solutions, focusing on the design, development, manufacture, and assembly of vehicle electronics. The joint venture's product portfolio encompasses critical components for the evolving automotive industry.

Financial Investment

SAMIL had initially acquired 100% shareholding in MEESL for a paid-up equity share capital of INR 5.00 lakh through cash consideration. The completion of the joint venture now establishes the planned equity structure with Egtronics as the strategic partner.

Regulatory Compliance

The joint venture completion has been reported to both the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has maintained full regulatory compliance throughout the joint venture formation process.

Strategic Market Position

This completed joint venture positions SAMIL strategically in the clean mobility electronics sector, combining its manufacturing expertise with Egtronics' South Korean technology capabilities. The partnership addresses the growing demand for electric and hybrid vehicle components, aligning with global automotive industry trends toward sustainable mobility solutions.