Samvardhana motherson international Limited has incorporated an indirect wholly owned subsidiary focused on renewable energy projects, marking the company's strategic expansion into the energy sector.

Subsidiary Incorporation Details

Motherson New Energy Limited, a wholly owned subsidiary of Samvardhana Motherson International Limited, has incorporated Motherson Energy Systems Naarangwadi Limited (MESNL) on February 24, 2026. The incorporation was completed under the Companies Act, 2013, with the company filing the requisite intimation under Regulation 30 of SEBI regulations.

Business Objectives and Operations

MESNL will be engaged in designing, developing, owning and operating power, energy and infrastructure projects, including associated facilities, primarily based on renewable sources. The subsidiary's operations will focus on captive use by Motherson Group entities, indicating a strategic move towards energy self-sufficiency and sustainability.

Capital Structure

The newly incorporated entity has been established with specific capital parameters that reflect its operational scope:

Regulatory Compliance

The incorporation has been communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI regulations. The company has confirmed that no governmental or regulatory approvals were required for this incorporation, and the transaction does not fall under related party transactions as it involves a new incorporation rather than an acquisition.

Strategic Implications

This incorporation represents Samvardhana Motherson International's entry into the renewable energy sector through its subsidiary structure. The focus on captive power generation for group entities suggests a strategic approach to energy cost management and sustainability initiatives across the Motherson Group's operations.

Samvardhana Motherson International Limited has incorporated a new indirect wholly owned subsidiary focused on renewable energy projects. The company announced the formation of Motherson Energy Systems Bhend Limited (MESBL) on February 24, 2026, marking its continued expansion into the energy sector.

Subsidiary Structure and Ownership

The new entity was incorporated through Motherson New Energy Limited (MNEL), which is a wholly owned subsidiary of Samvardhana Motherson International Limited. MNEL holds the entire share capital of MESBL along with its six nominees, creating an indirect wholly owned subsidiary structure.

Business Focus and Operations

MESBL will be engaged in the business of designing, developing, owning and operating power, energy and infrastructure projects, with a primary focus on renewable energy sources. The subsidiary's operations will be based at Bhendwade, Maharashtra, and the energy generated will be used for captive consumption by the Motherson Group.

Key Business Activities

• Designing renewable energy projects and associated facilities
• Developing power generation infrastructure
• Owning and operating energy projects
• Focusing on renewable energy sources for sustainable operations

Financial Structure

The newly incorporated subsidiary has been established with a defined capital structure to support its renewable energy operations.

Strategic Significance

The incorporation of MESBL represents Samvardhana Motherson International Limited's strategic move towards sustainable energy solutions. By establishing dedicated renewable energy infrastructure for captive use, the company aims to enhance its operational efficiency while contributing to environmental sustainability. The Maharashtra location at Bhendwade positions the subsidiary strategically for renewable energy development in the region.

The formation of this energy-focused subsidiary aligns with the growing emphasis on renewable energy adoption across industrial sectors, enabling the Motherson Group to secure reliable and sustainable power supply for its operations.