Samvardhana Motherson International Limited (SAMIL) has announced a strategic expansion into the North African market through its subsidiary, PKC Wiring Systems. The company has established a new wholly-owned subsidiary in Morocco, marking a significant step in its global growth strategy.

New Subsidiary Details

The newly incorporated entity, named Motherson PKC WH Systems Morocco SAS (MPKC), was established on July 28, 2025. This information was disclosed by SAMIL in a regulatory filing to the National Stock Exchange of India and BSE Limited on July 31, 2025.

Business Focus

MPKC will primarily engage in the manufacturing sector, with a focus on two key areas:

1. Production of strings, cables, ropes, and twine
2. Manufacture of electrical distribution and control equipment

This aligns with PKC Wiring Systems' expertise in automotive electrical distribution systems and related components.

Financial and Structural Details

• Initial Investment: The cost of acquisition for MPKC is set at €100,000.00.
• Ownership Structure: PKC Wiring Systems Oy (Finland), an indirect wholly-owned subsidiary of SAMIL, will hold 100% of MPKC's share capital.

Strategic Implications

This expansion represents a significant move for Samvardhana Motherson International:

1. Geographic Diversification: The establishment of MPKC marks SAMIL's entry into the North African market, potentially opening up new opportunities in the region.
2. Vertical Integration: By setting up a manufacturing subsidiary, SAMIL strengthens its supply chain and production capabilities in a new geographic area.
3. Market Expansion: This move could potentially allow SAMIL to better serve European and African automotive markets from a strategic location in Morocco.

Company's Global Footprint

Samvardhana Motherson International Limited, headquartered in Noida, India, continues to expand its global presence. With this new addition in Morocco, the company further solidifies its position as a multinational automotive components manufacturer and supplier.

The establishment of MPKC in Morocco demonstrates SAMIL's commitment to growth and its strategy to enhance its global manufacturing footprint. As the automotive industry continues to evolve, such strategic expansions may play a crucial role in the company's long-term success and market positioning.

Samvardhana Motherson International Limited (SAMIL), a global auto component manufacturer, has announced a strategic expansion into the North African market through its indirect wholly-owned subsidiary, PKC Wiring Systems Oy (Finland).

New Subsidiary in Morocco

PKC Wiring Systems has established a new wholly-owned subsidiary named Motherson PKC WH Systems Morocco SAS (MPKC) in Morocco. This move represents a significant step in the company's geographic diversification strategy, marking its entry into the North African automotive market.

Key Details of the New Entity

Business Focus

MPKC will primarily engage in two key areas of manufacturing:

1. Production of strings, cables, ropes, and twine
2. Manufacture of electrical distribution and control equipment

This expansion aligns with Samvardhana Motherson's core competencies in automotive wiring systems and electrical components.

Strategic Implications

The establishment of MPKC in Morocco is expected to:

• Strengthen Samvardhana Motherson's global manufacturing footprint
• Tap into the growing automotive industry in North Africa
• Potentially serve European markets more efficiently due to Morocco's strategic location

Regulatory Compliance

The company has duly informed the National Stock Exchange of India Limited and BSE Limited about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This expansion into Morocco underscores Samvardhana Motherson International's commitment to global growth and its strategy to be closer to its customers in diverse markets. As the automotive industry continues to evolve, such strategic moves could position the company to capitalize on new opportunities in the African continent and beyond.