Motherson Sumi Systems (123): Buy
Investors with a short-term perspective can buy the stock of Motherson Sumi Systems at current levels. The stock jumped 5 per cent on Monday with good09-11-2020
09-11-2020
MOTHERSON SUMI SYSTEMS LTD. - 517334 - Release Issued By Samvardhana Motherson Automotive Systems Group B.V., A Material Subsidiary Of The Company
Motherson Sumi Systems Limited informed that and this is in continuation to letter dated October 20, 2020. Samvardhana Motherson Automotive Systems Group B.V., Netherland ('SMRP BV'), a material subsidiary of Motherson Sumi Systems Limited ('the Company') had commenced a tender offer on October 20, 2020 for SMRP BV's outstanding 4.875% Senior Secured Notes due 2021. Following the Tender Offer, out of U.S. $400 million in total aggregate principal amount of Notes issued, SMRP BV has either redeemed or repurchased a total U.S.$ 392.6 million (approximately) in aggregate principal amount of Notes to date. In this respect, a release issued by SMRP BV been published on its web-site, viz., www.smrpbv.com under 'Corporate Announcement'.02-11-2020
MOTHERSON SUMI SYSTEMS LTD. - 517334 - Compliance Certificate For The Half Year Ended September 30, 2020 Pursuant To Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Motherson Sumi Systems Limited submitted Compliance Certificate for the half year ended September 30, 2020 issued by Company's Registrar and Share Transfer Agent ('RTA'), M/s. Kfin Technologies Private Limited thereby confirming that both physical and electronic share transfer facility are being maintained by RTA.29-10-2020
MOTHERSON SUMI SYSTEMS LTD. - 517334 - Certification Under Regulation 40(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Motherson Sumi Systems Limited submitted Certificate issued under Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated October 28, 2020 received from Practicing Company Secretary viz. SGS Associates for the half year ended September 30, 2020.29-10-2020
Stock recommendation by Prabhudas Lilladher: Buy M&M;, Motherson Sumi
The stock of Motherson Sumi has formed a decent base near 102 levels, almost making a double bottom pattern, and has currently given a spurt to indicate strength26-10-2020
Motherson Sumi Systems Ltd - 517334 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Disclosure regarding notice published in Newspapers for the intimation of the meeting of the Board of Directors of the Company.23-10-2020
Motherson Sumi Systems Ltd - 517334 - Board Meeting Intimation for Approval Of Unaudited Financial Statements For The Quarter And Half Year Ended On September 30, 2020.
MOTHERSON SUMI SYSTEMS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2020 ,inter alia, to consider and approve the unaudited financial results and consolidated financial results for the half year ended September 30, 2020.21-10-2020
Motherson Sumi to acquire Bombardier's wiring business in Mexico for $10 million
Auto components manufacturer, Motherson Sumi Systems Ltd (MSSL), on Tuesday said it is acquiring Electrical Wiring Interconnection Systems (EWIS) perf20-10-2020
Motherson Sumi Systems Ltd - 517334 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Motherson Sumi Systems Limited informed that Samvardhana Motherson Automotive Systems Group B.V., Netherland ('SMRP BV'), a material subsidiary of the Company has commenced a tender offer for SMRP BV's outstanding 4.875% Senior Secured Notes due 2021('the Notes'). In this respect, a release issued by SMRP BV been published on its web-site, viz., www.smrpbv.com under 'Corporate Announcement'. A copy of said release is also attached herewith.20-10-2020
Motherson Sumi Systems Ltd - 517334 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Motherson Sumi Systems Limited informed that Motherson Rolling Stocks S. de R.L. de C.V. ('MRS'), a wholly owned indirect subsidiary through PKC Group Oy, has signed an assets sale and purchase agreement with Bombardier to acquire the activities of Electrical Wiring Interconnection Systems performed at Bombardier Transportation's manufacturing site in Huehuetoca, Mexico. The transaction is subject to customary closing events and expected to complete in Fourth Quarter of the financial year 2020-21. In this regard, a Press Release of the Company is enclosed.20-10-2020