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, 2016.10-08-2016
10-08-2016
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, 201610-08-2016
Result Presentation for June 30, 2016
Motherson Sumi Systems Ltd has informed BSE about : 1. Result Presentation for the period ended June 30, 201610-08-2016
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....10-08-2016
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.$100,000,000...08-08-2016
Situation of Registered Office of the Company
Motherson Sumi Systems Ltd has informed BSE that the Registrar of Companies, Mumbai, has confirmed the shifting of Registered Office of the Company from New Delhi to Mumbai, Maharashtra, and issued "Certificate of Registration of Regional Director Order for Change of State".The Registered Office of Company shall be situated at:Unit C-705, ONE BKG, C-32, G Block BKC,Bandra Kurla Complex, Bandra East,Mumbai - 400051, Maharashtra (India)06-08-2016
Motherson Sumi shares gain over 5% on fund raising plans
The scrip gained 5.39 per cent to Rs 347 on BSE. At NSE, shares of the company moved up by 5.38 per cent to Rs 347.15.04-08-2016
Outcome of Board Meeting (AGM on August 31, 2016)
Motherson Sumi Systems Ltd has informed BSE that at the meeting of the Board of Directors of the Company held on August 03, 2016, proposals were considered to evaluate the various fund raising options including capital issuance. The Board decided, with an objective to enhance long term resources to support the growth potential and to have the ability to raise capital at an appropriate time, that an enabling resolution(s) would be sought from shareholders...03-08-2016
Updates on Subsidiary
Motherson Sumi Systems Ltd has informed BSE that One of Company's subsidiaries, Samvardhana Motherson Automotive Systems Group B.V. (the Company) has announced the launch of its proposed tap issue of US$ 100,000,000 US$ 150,000,000 (Capped) senior secured notes offering (the Additional Notes) to form a single series with the U.S.$300,000,000 4.875% Senior Secured Notes due 2021. The Additional Notes are rated BB+ by S&P; and are jointly and severally...03-08-2016
Motherson Sumi: Eyes on fund-raising plans
Shares of auto component major Motherson Sumi Systems will remain in focus, as the company board meets on Wednesday to evaluate various fund-raising options, including capital issuance. The company,...02-08-2016