Samvardhana Motherson International Limited announces that its indirect subsidiary, SMP Automotive Solutions Slovakia s.r.o. (“SMP Slovakia”), has merged with Motherson SAS Automotive Systems and Technologies Slovakia s.r.o. (“Motherson SAS”). The merger application was filed on October 3, 2025, and SMP Slovakia was deregistered on October 8, 2025, ceasing to exist from that date. Both entities were indirect wholly-owned subsidiaries of the Company.
Merger of Subsidiaries
Samvardhana Motherson International Limited has confirmed the merger of its indirect subsidiary, SMP Automotive Solutions Slovakia s.r.o. (“SMP Slovakia”), with Motherson SAS Automotive Systems and Technologies Slovakia s.r.o. (“Motherson SAS”). This strategic move aims to streamline operations and enhance efficiency within the group.
Key Dates and Details
The merger application was officially submitted on October 3, 2025. Following the completion of the merger process, SMP Slovakia was formally deregistered at the Commercial Register on October 8, 2025. Consequently, SMP Slovakia has ceased to exist, effective from October 8, 2025. Both SMP Slovakia and Motherson SAS were indirect, wholly-owned subsidiaries of Samvardhana Motherson International Limited.
Financial Impact
The turnover contributed by SMP Slovakia during the last financial year was INR 705 million, representing 0.06% of the company’s total turnover. The net worth contributed by SMP Slovakia during the same period was INR 72 million.
Source: BSE
