Samvardhana Motherson Reports Dissolution of Croatian Subsidiary
Samvardhana Motherson International Limited reported the dissolution of its indirect wholly owned subsidiary, SMRC Automotive Interior Modules Croatia d.o.o., effective April 11, 2026. The Commercial Court of Zagreb dissolved the unit following an application submitted by SMRCCroatia.The details regarding this subsidiary's performance prior to its dissolution were provided for record purposes. During the fiscal year 2024-25, SMRC-Croatia generated a turnover of Euro 256362 and reported a net worth of € 6448.
A review of the financial contribution showed that the turnover and net worth of SMRC-Croatia for FY 2024-25 constituted a 'negligible' or '0.00%' proportion relative to the consolidated revenue and net worth of the Company.
The information confirms that the subsidiary applied for dissolution because it had no foreseeable new business opportunities and was incurring significant annual costs. The dissolution was finalized pursuant to the Commercial Court order dated March 24, 2026.
The financial data related to the subsidiary’s performance is summarized below:
| Metric | Value (FY 2024-25) |
|---|---|
| Turnover | Euro 256362 |
| Net Worth | € 6448 |
This update provides information concerning the status of the subsidiary following the commercial court action.
MOTHERSON Stock Price Movement
On Friday, Samvardhana Motherson International Limited shares edged higher to close at ₹122.16, gaining 4.45% for the session. The stock settled above its previous close of ₹116.9 amidst robust trading, with total volume reaching 25.38 million shares.Source:
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