Motherson Sumi growth drivers in place, but debt concerns weigh on stock
Growth at Motherson Sumi via inorganic and organic route in near-to-medium term may take debt levels higher, both on account of working capital needs and long-term debt
AGM on August 31, 2016
Motherson Sumi Systems Ltd has informed BSE that the 29th Annual General Meeting (AGM) of the Company will be held on August 31, 2016. Fixes Book Closure for AGM
Motherson Sumi Systems Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 29, 2016 to August 31, 2016 (both days inclusive) for the purpose of 29th Annual General Meeting (AGM) of the Company to be held on August 31, 2016. Conference Call with the Analysts
Motherson Sumi Systems Ltd has informed BSE regarding "Conference Call with the Analysts". Motherson Sumi reportes 13% increase in net profit at Rs 303 crore
Motherson Sumi today reported a 13% increase in net profit at Rs 303 crore for the first quarter ended June 30, 2016. Results Press Release for June 30, 2016
Motherson Sumi Systems Ltd has informed BSE about : 1. Result Press Release for the period ended June 30, 2016 Result Presentation for June 30, 2016
Motherson Sumi Systems Ltd has informed BSE about : 1. Result Presentation for the period ended June 30, 2016 Announces Q1 results (Standalone & Consolidated) & Limited Review Report (Standalone & Consolidated) for the Quarter ended June 30, 2016
Motherson Sumi Systems Ltd has announced the following results for the quarter ended June 30, 2016:The Unaudited Standalone results for the Quarter ended June 30, 2016The Company has posted a net profit of Rs. 1436.70 million for the quarter ended June 30, 2016 as compared to Rs. 1601.10 million for the quarter ended June 30, 2015. Total Income has increased from Rs. 12631.00 million for the quarter ended June 30, 2015 to Rs. 14320.30 million for the quarter ended June 30, 2016.... Updates on Subsidiary
With reference to the earlier letter dated August 03, 2016 regarding one of the Company's subsidiaries, Samvardhana Motherson Automotive Systems Group B.V. which had announced the launch of its proposed tap issue of US$ 100,000,000 - US$ 150,000,000 senior secured notes offering (the Additional Notes).Motherson Sumi Systems Ltd has now informed BSE that Samvardhana Motherson Automotive Systems Group B.V. has completed a tap issue of U.S.$100,000,000... Situation of Registered Office of the Company
Motherson Sumi Systems Ltd has informed BSE that the Registrar of Companies, Mumbai, has confirmed the shifting of Registered Office of the Company from New Delhi to Mumbai, Maharashtra, and issued "Certificate of Registration of Regional Director Order for Change of State".The Registered Office of Company shall be situated at:Unit C-705, ONE BKG, C-32, G Block BKC,Bandra Kurla Complex, Bandra East,Mumbai - 400051, Maharashtra (India)