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What is Motherson Sumi Wiring Demerger Record Date about?
Motherson Sumi Systems Limited announced that the National Company Law Tribunal approved its composite scheme of amalgamation and arrangement. As part of the scheme, the company will demerge its domestic wiring harness undertaking into Motherson Sumi Wiring India Limited. The company has fixed January 17, 2022 as the record date, to determine shareholders eligible to receive shares of Motherson Sumi Wiring India Limited. Upon completion of the share allotment, the merger of Samvardhana Motherson Internation
- Author
- Siddharth
- Language
- EN