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... Motherson Sumi to raise $300 million to repay debt, capex
Motherson said proceeds from issuance and sale of 2016 notes will be used to repay existing third party indebtedness and for general corporate purposes. Updates
Motherson Sumi Systems Ltd has informed BSE that:"Our subsidiary, Samvardhana Motherson Automotive Systems Group B.V. (the Company) has announced the pricing of its U.S.$ 300 million 5.5-year non-call 3 year senior secured Notes offering at 4.875% per annum, due December 2021 (the 2016 Notes). This is the third successful issue of Notes by the Company and marks its successful debut in the U.S. dollar bond markets. The 2016 Notes have been... We look beyond margins: Vivek Chand Sehgal
Interview with Chairman, Motherson Sumi Systems Presentation of the Company's subsidiary
Motherson Sumi Systems Ltd has informed BSE regarding "Presentation of the Company's subsidiary". Updates
Motherson Sumi Systems Limited has informed BSE that the company's subsidiary Samvardhana Motherson Automotive Systems group B.V., Netherlands (SMRP BV), has made the release. Buy Motherson Sumi, target Rs 308: Kunal Bothra
The stock has hit a high of Rs 299.35 so far. The stock has been taking support from its 50 and 100-day moving averages. Meeting with the Investors/ Analysts
Motherson Sumi Systems Ltd has informed BSE regarding "Meeting with the Investors/ Analysts". Conference Call with the Analysts
Motherson Sumi Systems Ltd has informed BSE regarding "Conference Call with the Analysts".
Motherson Sumi Q4 net profit rises 22%, beats estimates
Shares of Motherson soared more than 8 percent after the company said consolidated net profit rose to 4.14 billion rupees ($62.1 million) from 3.4 billion rupees a year earlier.