NCLT Approves Share Capital Reduction of Motherson Technology Services Limited
Samvardhana Motherson International Limited has learned that the National Company Law Tribunal (NCLT) has approved the reduction of share capital for Motherson Technology Services Limited (MTSL).The approval comes after the matter was listed before the Hon'ble NCLT on August 13, 2026. The NCLT granted approval for the proposed reduction of share capital of MTSL.
This corporate action pertains to the process undertaken by MTSL for reduction of share capital under Section 66 and other applicable provisions of the Companies Act, 2013.
Upon the reduction of capital becoming effective, MTSL along with its subsidiaries will transition into wholly-owned subsidiaries of Samvardhana Motherson International Limited. The company noted that necessary compliances will be completed after receiving the certified copy of the NCLT order.
MOTHERSON Stock Price Movement
Shares of Samvardhana Motherson International Limited are edging higher in live trading at 1:45 PM, after gaining ₹0.02 or 0.01% to reach ₹167.42. The equity currently trades within its intraday range, supported by a low of ₹166.71 and a high peaking at ₹168.68.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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