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Motherson announces hearing for composite scheme of arrangement

September 18, 2025 at 02:10 PM UTCBy FilingReader AI

Samvardhana Motherson International Limited announced that a hearing for its Composite Scheme of Arrangement is set for Monday, October 27, 2025. This follows the admission of the petition by the National Company Law Tribunal, Mumbai Bench II, on August 21, 2025.

The scheme involves Samvardhana Motherson Auto System Private Limited (SMAS), Motherson Machinery and Automations Limited (MMAL), Samvardhana Motherson Innovative Solutions Limited (SMISL), and the Company, collectively referred to as the "Petitioner Companies." SMAS, MMAL, and SMISL are all wholly-owned subsidiaries of the Company.

The notice for this hearing was published in newspaper advertisements on Thursday, September 18, 2025. These advertisements appeared in both the Business Standard (English) Edition and Navshakti (Marathi) Edition, with regional language publications to be published on October 27, 2025. This announcement is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Company previously informed the exchanges about the petition filing on February 07, 2025, February 28, 2025, and May 31, 2025. The hearing will address the sanction of the Composite Scheme of Arrangement under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.

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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