Samvardhana Motherson International Limited (Motherson) has announced that its subsidiary, Motherson Technology Services Limited (MTSL), has successfully completed its share capital reduction process. Following the approval by the National Company Law Tribunal and the Registrar of Companies, MTSL and its subsidiaries are now confirmed as wholly-owned subsidiaries of Motherson. This move is a procedural step following previous disclosures regarding MTSL’s capital restructuring.
Subsidiary Restructuring Completed
Samvardhana Motherson International Limited (Motherson) has provided an update regarding the capital restructuring of its subsidiary, Motherson Technology Services Limited (MTSL). This intimation confirms the completion of MTSL’s process for reduction of share capital, as previously disclosed in earlier communications.
Wholly-Owned Subsidiary Status Achieved
The company has confirmed that following the necessary approvals, including from the Hon’ble National Company Law Tribunal, Mumbai Bench-III, and the Registrar of Companies, Mumbai I, the ‘Certificate of Registration of Order confirming Reduction of Capital’ has been issued. The effective date for this reduction of share capital is confirmed as September 18, 2026. As a result of this process, MTSL and its subsidiaries have now officially become wholly-owned subsidiaries of Samvardhana Motherson International Limited.
Source: BSE
