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Board of Samvardhana Motherson International approves acquisition of 50% stake in Fritzmeier Motherson Cabin Engineering

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Capital Market

At meeting held on 16 March 2023

The Board of Directors of Samvardhana Motherson International at their meeting held on 16 March 2023 approved to acquire remaining 50% stake of Fritzmeier Motherson Cabin Engineering from F Holdings GmbH, Austria, subject to satisfactory completion of conditions precedent. Post completion of the transaction, Fritzmeier Motherson Cabin Engineering will become wholly owned subsidiary of the Company.

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First Published: Mar 17 2023 | 9:18 AM IST

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