Motherson incorporates treasury subsidiary in Abu Dhabi
Samvardhana Motherson International (MOTHERSON) has announced the incorporation of a wholly owned subsidiary, Motherson Treasury Strategy Limited, within the jurisdiction of Abu Dhabi Global Market (ADGM) on February 19, 2025. The company is a part of Group Treasury and Liquidity Management. Motherson Treasury Strategy Limited will provide treasury-related services, including cash and working capital management, to SAMIL and its subsidiaries. The announcement, made to the National Stock Exchange of India Limited and BSE Limited (Scrip Code: 517334), complies with SEBI regulations. The entire share capital of the new entity will be held by SAMIL.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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