FilingReader Intelligence
Motherson forms joint venture with Macauto for automotive sunshades
August 1, 2025 at 07:07 PM UTC•By FilingReader AI
Samvardhana Motherson International Limited has formed a joint venture with Taiwan-based Macauto Industrial Co. to manufacture automotive window and roof sunshade systems in India.
Motherson will hold 50%+1 shares in the venture, with Macauto taking 50%-1 shares. The joint venture has initial paid-up capital of INR 50,000.
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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