Tag: Saddles International Automotive and Aviation Interiors Private Limited

Samvardhana Motherson International acquires 51% stake in SIAAIPL

Samvardhana Motherson International Private Limited (formerly Motherson Sumi Systems Limited) announced it has acquired 51% stake in Saddles International Automotive and Aviation Interiors Private Limited (SIAAIPL). SIAAIPL is engaged in manufacturing of premium upholstery for passenger vehicles applications. According to the company’s exchange filing, “The Board of Directors of Samvardhana Motherson International Limited (formerly Motherson…