Samvardhana Motherson International Limited (SAMIL) announced that Motherson Technology Services Limited (MTSL) has submitted an application on October 15, 2025, to the Hon’ble NCLT Mumbai for the approval of a scheme for reduction of share capital. SAMIL holds 92.96% equity shareholding in MTSL. Following the completion of the scheme, MTSL will become a wholly-owned subsidiary of SAMIL.
Share Capital Reduction Update
Samvardhana Motherson International Limited (“SAMIL”) is informing about the proposed Scheme for Reduction of Share Capital by Motherson Technology Services Limited (“MTSL”). The initial disclosure regarding this undertaking was made on August 29, 2025.
Details of the Application
MTSL has submitted an application on October 15, 2025, to the Hon’ble NCLT Mumbai Bench under Section 66 of the Companies Act, 2013, for approval of the reduction of share capital. SAMIL currently holds 92.96% equity shareholding in MTSL.
Post-Scheme Structure
Upon completion of this scheme, MTSL (including its subsidiaries) will become a wholly-owned subsidiary of SAMIL. This restructuring is subject to necessary approvals.
Source: BSE
