Samvardhana Motherson International Limited has notified stock exchanges regarding the dissolution of its indirect subsidiary Atsumitec (HK) Co. Limited. The Hong Kong-based entity was officially deregistered by the Companies Registry following the submission of a dissolution application.

Subsidiary Details and Ownership Structure

Atsumitec (HK) Co. Limited was an indirect subsidiary of Samvardhana Motherson International Limited, with the company holding a 95% shareholding in the entity. The subsidiary was acquired by Motherson on March 26, 2025, as part of the broader acquisition of Atsumitec Co. Ltd., Japan.

Financial Performance and Business Status

The dissolved subsidiary had minimal financial contribution to the group's operations. During the last financial year (FY24-25), Atsumitec HK recorded limited business activity and was not carrying any active operations.

Dissolution Timeline and Process

The dissolution process was initiated before Motherson's acquisition of the entity. Shareholders of Atsumitec HK had resolved for the company's dissolution on November 29, 2024, which was prior to its acquisition by Motherson. The entity subsequently submitted an application with the Companies Registry for dissolution, which became effective from December 12, 2025.

Regulatory Compliance

The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure provides comprehensive details about the subsidiary's financial position and the dissolution process as required by regulatory guidelines.

Given that Atsumitec HK was not engaged in any active business operations and had minimal financial impact, the dissolution is expected to have no material effect on Motherson's overall business operations or financial performance.

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