FilingReader Intelligence

Motherson International shareholders approve bonus share issue

July 7, 2025 at 07:19 AM UTCBy FilingReader AI

Samvardhana Motherson International announced that shareholders have approved the special resolution for the issuance of bonus shares in the ratio of 1:2. The e-voting period, held from June 6 to July 5, 2025, resulted in 4,989 members voting in favor, representing 602,67,79,682 shares and 97.5826% of the valid votes cast. A smaller faction of 119 members, representing 14,93,02,781 shares, voted against the resolution. The decision means shareholders will receive one bonus equity share of INR1 each for every two existing shares held. The company's scrutinizer report by SGS Associates confirmed the integrity of the voting process.

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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