Samvardhana Motherson International announces acquisition of 34% stake in Motherson Auto Solutions
Samvardhana Motherson International announced that its wholly owned subsidiary, Samvardhana Motherson Innovative Solutions has completed the acquisition of 34% stake in Motherson Auto Solutions (MASL) from Sojitz Corporation.
Upon the aforesaid acquisition of 34% stake, MASL has become an indirect wholly owned subsidiary of the Company.
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