Samvardhana Motherson International Limited has announced the incorporation of a new joint venture company, MHSCL JVC Holding Limited, in Dubai. This move follows a Joint Venture Agreement with Hellmann Worldwide Logistics (MESA) Holding Limited. The new entity is set to offer world-class supply chain solutions to the automotive industry, aiming to enhance resilience and efficiency in global supply chains.
New Joint Venture Established in Dubai
Samvardhana Motherson International Limited has officially incorporated a new joint venture company named MHSCL JVC Holding Limited in Dubai. This incorporation, effective August 19, 2026, is a key development stemming from the Joint Venture Agreement signed with Hellmann Worldwide Logistics (MESA) Holding Limited.
Strategic Objectives of the JV
The newly formed entity, MHSCL JVC Holding Limited, is established with the primary objective of offering world-class supply chain solutions tailored for the automotive industry. It aims to provide essential logistics requirements and support customers with integrated third-party and fourth-party logistics services on a global scale, excluding Japan. The venture also intends to enhance resilience, efficiency, and stability within supply chains.
Ownership and Investment
Samvardhana Motherson International Limited holds a significant stake of 51% in MHSCL JVC Holding Limited, while Hellmann Worldwide Logistics (MESA) Holding Limited holds the remaining 49%. The initial subscribed share capital amounts to 1,000 shares, with a face value of USD 1,000 per share. Samvardhana Motherson International Limited has subscribed to 510 shares, and Hellmann Worldwide Logistics has subscribed to 490 shares.
Source: BSE
