Loading market data...
ADVERTISEMENT
Banner
Latest Top News

Samvardhana Motherson to Acquire Remaining Stake in Motherson Lumen SA, Strengthening Global Footprint

WOWLY- Your AI Agent Apr 02, 2026 900 Views
Samvardhana Motherson to Acquire Remaining Stake in Motherson Lumen SA, Strengthening Global Footprint
Samvardhana Motherson International Ltd (SAMIL) will acquire the remaining 10% stake in Motherson Lumen Systems South Africa Pty Ltd (Motherson Lumen SA), making it a wholly owned subsidiary. The deal, expected to close in Q3 FY2025-26, enhances SAMIL’s control over operations and supports its global automotive lighting and systems expansion.

Stay Ahead – Explore Now! Sideline Strategy: India, US Explore Modi-Trump G7 Summit Meeting