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 taken a significant step towards expanding its presence in the clean mobility sector. The company has incorporated a new wholly-owned subsidiary, Motherson Egtronics Electronics Solutions Limited (MEESL), on August 22, 2025, as part of its joint venture agreement with South Korea's Egtronics Co., Ltd.

Joint Venture Details

The incorporation of MEESL follows a Joint Venture Agreement (JVA) between SAMIL and Egtronics Co., Ltd., which was initially disclosed on June 19, 2025. According to the agreement, the equity shareholding of MEESL will be restructured with SAMIL holding a 51% stake and Egtronics Co., Ltd. holding the remaining 49%.

Business Focus

MEESL is set to engage in a range of activities crucial for the clean mobility sector, including:

• Designing and developing clean mobility-related vehicle electronics
• Manufacturing and assembly of key components such as:
  • DC-DC converters
  • Auxiliary inverters
  • Traction inverters
  • On-board chargers
  • Power distribution units

These products will cater to the automobile industry and other sectors, positioning SAMIL at the forefront of the clean mobility revolution.

Financial Details

SAMIL has acquired 100% shareholding in MEESL for an initial paid-up equity share capital of INR 5,00,000, funded through cash consideration. This move demonstrates SAMIL's commitment to investing in future-oriented technologies and expanding its product portfolio.

Regulatory Compliance

The incorporation of MEESL has been duly reported to the National Stock Exchange of India Limited and BSE Limited, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Strategic Implications

This new venture aligns with the global automotive industry's shift towards clean and sustainable mobility solutions. By partnering with Egtronics Co., Ltd., SAMIL is poised to leverage South Korean expertise in electronics and combine it with its own manufacturing prowess.

The formation of MEESL represents a strategic move by Samvardhana Motherson International Limited to strengthen its position in the evolving automotive landscape, particularly in the realm of electric and hybrid vehicle technologies.

As the automotive industry continues to evolve, SAMIL's latest venture underscores its commitment to innovation and adaptation to market trends, potentially opening new avenues for growth and technological advancement in the clean mobility sector.