Tag: Youngshin Motherson Auto Tech Limited

Samvardhana Motherson International acquires additional stake in Youngshin Motherson Auto Tech Limited

Samvardhana Motherson International Limited (SMIL) (formerly Motherson Sumi Systems Limited) announced it has acquired additional 30% stake in Youngshin Motherson Auto Tech Limited (YMAT). According to the company’s exchange filing, “The Board of Directors of Samvardhana Motherson International Limited (formerly Motherson Sumi Systems Limited) (the “Company”) at their meeting held on April 17, 2023 approved…