Notice of Postal Ballot
Enclosed herewith copy of Notice for Postal Ballot as sent to the Members of the Company.30-05-2017
30-05-2017
Credit Rating
Moody's Investors Service, ('Moody's') has assigned Baa3 foreign currency and local currency issuer ratings to Motherson Sumi Systems Limited(the 'Company'). A copy of Press Release issued by Moody's in this regard is enclosed for your reference and record.24-05-2017
Motherson Sumi steps on gas with Rs 94,000-cr overseas order book, PKC buy
Brokerage upgrades on the back of a strong outlook for its domestic and overseas businesses resulted in the Motherson Sumi stock touching its 52-week high on Monday. Robust growth in domestic passenger vehicle space and higher content per car as well as rising order book and commissioning of new plants at its international subsidiaries will help bring in more revenues as well as margins for Motherson, the global auto components maker. In addition, the recent acquisition of PKC will be yet another growth driver as it will expand its client base in the commercial vehicle wiring harness space in North America and Europe. Given the strong order book of 13 billion euros (Rs 94,000 crore) for its two international subsidiaries as of March 2017, up by about a billion euros (or Rs 7,215 crore) since the first half of FY17, analysts expect the overseas subsidiaries to grow their revenues to the tune of 18 per cent annually in the FY17-19 period. Revenues of the two key subsidiaries (SMR and...22-05-2017
Motherson Sumi hits record high on good Q4 results and bonus announcement
The stock hit a record high of Rs 441, up 4%, extending its Friday's 3.5% gain on BSE.22-05-2017
Motherson Sumi lines up Rs2,000 crore capex for FY18
Auto components major Motherson Sumi has lined up capex of Rs2,000 crore for 2017-18, mainly on upcoming nine plants in five countries including India21-05-2017
Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Motherson Sumi Systems Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here20-05-2017
Updates
Audio of the conference call held on May 19, 2017 is available at the below link of the Company's website www.motherson.com.19-05-2017
Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Motherson Sumi Systems Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizer's Report.19-05-2017
Details Of Voting Results Of Postal Ballot
Based on the Scrutinizers' Report, the Company has declared the result of the Postal Ballot on May 19, 2017. Shareholders of the Company have approved the Resolution for creation of charges on the assets of the Company under section 180(1)(a) of the Companies Act, 2013. In this connection, we enclose herewith details of voting result of the Postal Ballot as per prescribed format pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure...19-05-2017
Motherson Sumi's Q4 consolidated net profit up 12%
Its consolidated net profit during quarter under review increased to Rs 475 cr from Rs 425 cr in FY19-05-2017