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
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
Closure of Trading Window
Motherson Sumi Systems Ltd has informed BSE that Trading Window shall remain closed for dealing in shares of the Company from August 01, 2016 to August 12, 2016 (both days inclusive) for all the specified person defined in the Code inter- alia on account of forthcoming Board Meetings of the Company, in terms of the provision of SEBI (Prevention of Insider Trading) Regulations, 2015 and Code of Conduct for prevention of Insider Trading adopted by the Company.30-07-2016
Motherson board to meet next week to evaluate fund-raising
A meeting of the board of directors will be held on August 3 to discuss and evaluate the various fund-raising options including capital issuance.30-07-2016
Board Meeting on Aug 03, 2016
Motherson Sumi Systems Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 03, 2016 to discuss and evaluate the various fund raising options including capital issuance.30-07-2016
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
Samvardhana Motherson International Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE29-07-2016
Buy Motherson Sumi Systems Ltd., target Rs 355.0 : Sameet Chavan
Buy Motherson Sumi Systems Ltd. at a price target of Rs 355.0 and a stop loss at Rs 286.0 from entry point25-07-2016