Shareholding for the Period Ended June 30, 2016
Motherson Sumi Systems Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here18-07-2016
18-07-2016
Clarifies on news item
With reference to the news in CNBC TV18 "Motherson's sumi bags order worth $2.5 Bn former Daimler", Motherson Sumi Systems Ltd has submitted to BSE a copy of Clarification is enclosed.15-07-2016
Clarification sought from Motherson Sumi Systems Ltd
The Exchange has sought clarification from Motherson Sumi Systems Ltd with reference to the news in CNBC TV18 "Motherson's sumi bags order worth $2.5 Bn former Daimler"The reply is awaited.15-07-2016
Auto parts maker Rane Group plans Rs 650-crore expansion
MUMBAI: The $550-million auto components group, Rane, has earmarked $100 million, or Rs 650 crore, in the next three years for new factories and global expansion in a bid to pump prime processes and culture in the family-owned business to a new global business climate. The group engaged McKinsey for a couple of years to define its 2020 strategy and invited Vivek Chand Sehgal, the chairman of auto parts maker Motherson Sumi to give pep talk to its employees on his secret to success. Motherson Sumi is fast spreading its wings globally and gaining a reputation as a leading global auto component maker from India, a path which Rane Group too aspires to replicate. The aim is to corner a fourth of its business from global markets in the coming 3-4 ye ars, which calls for a growth of over 70%, against a CAGR of 12-13% it has seen in the domestic market over the last few years. Taking a cue from Motherson Sumi, Ra ne Group acquired Precision Die Cas ting in the United States of America six months ago on the recommendation of its leading customer, a strategy mastered by the former. In the past too, the likes of Baba Kalyani of Bharat Forge have given pep talks to employees and have shared the experience of working in a globalised world. The group has set up an office in the US to be closer to its customers to facilitate global procurement from India. Rane Group will soon set up an office in Europe and...13-07-2016
Buy Motherson Sumi Systems Ltd., target Rs 364 : Goldman Sachs
Diversification strategy, sustained tailwinds of cross selling to combat sales slowdown, premiumization is likely to enable it to outperform12-07-2016
Non Deal Roadshows (NDRs)
Motherson Sumi Systems Ltd has informed BSE regarding "Non Deal Roadshows (NDRs)".11-07-2016
Buy Motherson Sumi Systems Ltd., target Rs 364 : Goldman Sachs
Diversification strategy along with sustained tailwinds of cross selling to combat sales slowdown. Premiumization, platform consolidation should enable the stock to outperform08-07-2016
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 BSE07-07-2016
Motherson Sumi tanks on Brexit
Brexit fears singed auto component maker Motherson Sumi on Friday, with the stock tumbling 8.5 per cent. Through its group company, Motherson has a manufacturing facility in the UK which caters to Br...26-06-2016
Updates
Motherson Sumi Systems Ltd has informed BSE that:"There have been media speculations on re-organization / restructuring being contemplated by Motherson Sumi Systems Limited (the Company).In this context, we wish to inform that there are frequent requests/ suggestions from Investors to simplify the group structure and the Company does get many suggestions / alternatives from banks / advisors. We already have an empowered Committee...22-06-2016