Merger21 Apr 2026, 07:13 pm
Samvardhana Motherson: Indirect Subsidiary MRA Merges into CEFA
AI Summary
Samvardhana Motherson International Ltd announced the merger of its foreign indirect subsidiary, Modulos Ribera Alta SL (MRA), into its holding company, Celulosa Fabril SA (CEFA). The merger, registered in Spain on April 20, 2026, resulted in MRA ceasing to exist from April 14, 2026. Both entities are indirect subsidiaries. MRA reported a turnover of Euro 92.29 million and CEFA Euro 81.59 million for the financial year ended March 31, 2025. The company stated the merger's rationale is to achieve a simplified corporate structure and enhance operating efficiency.
Key Highlights
- Indirect subsidiary Modulos Ribera Alta SL (MRA) merged into Celulosa Fabril SA (CEFA).
- The merger aims to simplify corporate structure and increase operating efficiency.
- MRA's turnover for FY25 was Euro 92.29 million.
- CEFA's turnover for FY25 was Euro 81.59 million.
- MRA ceased to exist as a separate entity from April 14, 2026.