Samvardhana Motherson Intl. will hold a meeting of the Board of Directors of the Company on 29 May 2024.Powered by Capital Market - Live News

Net profit of Samvardhana Motherson International rose 19.39% to Rs 541.96 crore in the quarter ended December 2023 as against Rs 453.93 crore during the previous quarter ended December 2022. Sales rose 27.24% to Rs 25456.62 crore in the quarter ended December 2023 as against Rs 20006.80 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales25456.6220006.80 27 OPM %9.318.01 - PBDT1868.141533.94 22 PBT851.76718.90 18 NP541.96453.93 19 Powered by Capital Market - Live News

Samvardhana Motherson Intl. will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

Samvardhana Motherson Innovative Solutions (SMISL) a wholly owned subsidiary of Samvardhana Motherson International has entered into a Securities Subscription Agreement, Shareholders Agreement and Technology Support Agreement (Definitive Agreements) all dated 18 January 2024 with BIEL Crystal (Singapore) (BIEL).Pursuant to the Definitive Agreements, BIEL will make investment(s) in Motherson Electronic Components (MECPL), a wholly owned subsidiary of SMISL. Further, MECPL will receive Technical Assistance from BIEL and/or its Affiliates.Powered by Capital Market - Live News

The Board of Directors of Samvardhana Motherson International in its meeting held on 27 November 2023 inter-alia, approved to make investment of Rs. 12.50 crore in Indian Foundation for Quality Management (IFQM).Powered by Capital Market - Live News