Subsidiary12 April 2026 at 06:30 am
Samvardhana Motherson: Croatian subsidiary SMRC-Croatia dissolved
AI Summary
Samvardhana Motherson International Ltd announced the voluntary dissolution of its indirect wholly-owned subsidiary, SMRC Automotive Interior Modules Croatia d.o.o. (SMRC-Croatia). The Commercial Court of Zagreb dissolved SMRC-Croatia from its register, effective April 11, 2026. The dissolution was initiated by SMRC-Croatia due to a lack of foreseeable new business and significant annual operating costs. In FY 2024-25, SMRC-Croatia's turnover was Euro 256,362 and its net worth was €6,448. These figures represent a negligible 0.00% contribution to the consolidated revenue and net worth of Samvardhana Motherson International Limited.
Key Highlights
- Samvardhana Motherson's Croatian subsidiary, SMRC-Croatia, dissolved.
- Dissolution effective April 11, 2026, due to no new business.
- SMRC-Croatia's FY25 turnover was Euro 256,362, net worth €6,448.
- Financial impact on consolidated revenue and net worth is negligible.