Samvardhana Motherson acquires balance 1.55% stake in SMR Jersey

Samvardhana Motherson Automotive Systems Group B.V., Netherland ('SMRP B.V.'), a material subsidiary of Samvardhana Motherson International (formerly Motherson Sumi Systems) has acquired additional 1.55% shares of Samvardhana Motherson Reflectec Group Holdings (SMR Jersey) from an independent third party at Euro 18.4 million. After acquisition of aforesaid 1.55% stake, SMR Jersey has become 100% subsidiary of SMRP B.V.

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