Samvardhana Motherson gets NCLT approval for composite scheme

Samvardhana Motherson International Limited has received approval from the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, for a composite scheme of arrangement. This scheme involves the company, along with its wholly-owned subsidiaries Samvardhana Motherson Innovative Solutions Limited, Samvardhana Motherson Auto System Private Limited, and Motherson Machinery and Automations Limited. The NCLT's order, dated October 26, 2026, sanctions the scheme under Sections 230 to 232 of the Companies Act, 2013. The appointed date for the scheme was April 1, 2024. This approval is a significant step in the company's corporate restructuring efforts.