Motherson Technology Services seeks capital reduction approval, parent to gain full ownership

Samvardhana Motherson International Limited (SAMIL) announced on October 16, 2025, an update regarding the scheme for reduction of share capital by Motherson Technology Services Limited (MTSL). This follows a previous disclosure dated August 29, 2025. The scheme, which is subject to approval by the Hon'ble National Company Law Tribunal (NCLT), will result in MTSL, along with its subsidiaries, becoming a wholly-owned subsidiary of SAMIL. SAMIL currently holds a 92.96% equity stake in MTSL.

MTSL formally submitted an application for the approval of its share capital reduction to the Hon'ble NCLT Mumbai Bench on October 15, 2025. This application was filed under Section 66 and other relevant provisions of the Companies Act 2013.