Samvardhana Motherson Subsidiary Dissolved by Commercial Register; Financial Impact Reported
Samvardhana Motherson International Limited announced that its indirect wholly owned subsidiary, Samvardhana Motherson Reflectec Group Holdings Limited (SMR-Jersey), has been dissolved by the Commercial Register. The dissolution was processed following the submission of an application by SMR-Jersey.The Commercial Register dissolved SMR-Jersey effective April 10, 2026. The subsidiary is an indirect wholly owned subsidiary of Samvardhana Motherson International Limited and is held through Motherson Global Investments B.V. (MGI BV).
During the financial year 2024-25, SMR-Jersey reported specific financial metrics. The subsidiary's income and net worth are detailed below:
| Metric | Amount (FY 2024-25) | Written Amount |
|---|---|---|
| Income | Euro 7,273,000 | Seven Million Two Hundred Seventy-Three Thousand Only |
| Net Worth | Euro 161,846,000 | One Hundred Sixty-One Million Eight Hundred Forty-Six Thousand Only |
The company noted that prior to the dissolution, the net worth of SMR-Jersey was distributed to MGI BV. Since MGI BV is already consolidated within the Company, the dissolution of SMR-Jersey was stated to have no impact on the consolidated net-worth of Samvardhana Motherson International Limited.
In terms of contribution to the consolidated financials for the fiscal year 2024-25, the details are as follows:
| Financial Impact | Contribution |
|---|---|
| Contribution to consolidated revenue | 'negligible' / 0.00% |
| Contribution to consolidated net-worth | 4.62% |
MOTHERSON Stock Price Movement
On Monday, Samvardhana Motherson International Limited shares slipped by 2.36% to settle at ₹119.11. The stock registered a trading range between ₹117.2 and ₹120.65, closing the session with a high volume of 42.04 million shares.Source:
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