Samvardhana Motherson International (MOTHERSON) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

Samvardhana Motherson International announced a strategic joint venture with South Korean power electronics firm Egtronics to develop EV and hydrogen vehicle components for commercial vehicles, establishing manufacturing in India with global sales outside Korea. The new entity will have 51% SAMIL and 49% Egtronics ownership, featuring a five-director board with three appointed by SAMIL. This partnership expands Motherson's clean mobility capabilities while creating a standalone Indian JV with initial INR 500,000 paid-up capital.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

The board approved the Employee Stock Option Scheme 2025, recommending up to 6.3 million grants equivalent to 9.45 million shares post-bonus issue, subject to shareholder approval. The scheme complies with SEBI regulations and will be administered by the Nomination and Remuneration Committee.

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About Samvardhana Motherson International Limited (MOTHERSON)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹1,37,123.32 Cr P/E: 30.6

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