ALSO READMotherson Sumi March-quarter profit rises 20 percent, beats estimates Motherson Sumi to acquire Finnish PKC Group for 571 mn euro Motherson Sumi launches $600 mn open offer for Finnish PKC Group Motherson Sumi Q3 net profit up 28.24% at Rs 547.32 cr Motherson Sumi Systems acquires Finland based auto component major PKC Group Plc
At meeting held on 19 May 2017The Board of Directors of Motherson Sumi Systems at its meeting held on 19 May 2017 have recommended the issue of Bonus Shares in the ratio of 1 (one) Bonus Shares against the 2 (two) existing shares subject to the approval of the shareholders. Further that Board also recommended a Dividend of Rs. 2/- per equity share (face value of Re. 1/- each) for the financial year ended 31 March 2017 on the expanded share capital (including the proposed Bonus Shares), subject to the approval of the shareholders at Annual General Meeting.
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