Samvardhana Motherson dissolves Shanghai subsidiary
Samvardhana Motherson International Limited has announced the voluntary dissolution of its indirect wholly owned subsidiary, Motherson DRSC Automotive Product Trading (Shanghai) Co. Ltd. The subsidiary was acquired on October 2, 2023, as part of the Dr. Schneider Holding GmbH Group acquisition. Motherson DRSC was not actively conducting business, leading to the shareholders approving its dissolution. The Market Regulation Administration of Shanghai approved the dissolution effective June 29, 2026. For FY 2025-26, Motherson DRSC had an income of INR 50 million and a net worth of INR 25 million, contributing negligibly to the consolidated revenue and net worth of the parent company. The dissolution is not expected to impact the consolidated net worth.
Key Highlights
- Samvardhana Motherson dissolves indirect wholly owned subsidiary in Shanghai.
- Subsidiary Motherson DRSC was acquired in October 2023.
- Dissolution approved due to no active business operations.
- FY26 income was INR 50 million, net worth INR 25 million.
- Dissolution has negligible impact on consolidated financials.
Price Impact
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