Samvardhana Motherson International Limited (SAMIL) announced the incorporation of a new, wholly owned subsidiary, Motherson Energy Systems Bhend Limited (MESBL), on February 24, 2026. This entity will focus on designing, developing, and operating power and energy projects, primarily based on renewable sources, for the captive use of the Motherson Group. The initial capitalization involves 50,000 equity shares at a face value of ₹10/- per share.
New Subsidiary Incorporation Announced
Samvardhana Motherson International Limited (“SAMIL”) has officially confirmed the establishment of a new, wholly owned subsidiary on February 24, 2026. The new entity is named Motherson Energy Systems Bhend Limited (“MESBL”).
The incorporation was executed through SAMIL’s existing wholly owned subsidiary, Motherson New Energy Limited (“MNEL”), which now holds the entire share capital of MESBL (along with its 6 nominees).
Focus and Business Objectives
MESBL will primarily be engaged in the business of designing, developing, owning, and operating power, energy, and infrastructure projects. A key focus area involves projects based on renewable sources.
The initial proposed site for these operations is Bhendwade, Maharashtra. The purpose of these energy projects is stated to be for the captive use by the Motherson Group.
Capital Structure Details
Since this is a new incorporation, no turnover details are applicable. The initial authorized share capital of MESBL will be divided into 50,000 equity shares, each having a Face Value of Rs. 10/- per share.
The acquisition is categorized as a New incorporation, and thus, no cash consideration or share swap details were required for this organizational step.
Operational Context
The industry to which the entity belongs is explicitly stated as Energy. As the entity is newly formed, it has no prior history, turnover, or presence across different countries to report in this initial disclosure.
Source: BSE