Subsidiary18 Jul 2025, 08:01 pm
Samvardhana Motherson International Limited Incorporates Motherson PKC Electric Cable D.O.O. Pozarevac in Serbia
AI Summary
Samvardhana Motherson International Limited has informed the exchange about the incorporation of Motherson PKC Electric Cable D.O.O. Pozarevac, a wholly owned subsidiary of PKC Wiring Systems LLC, Serbia, which is a step-down wholly owned subsidiary of SAMIL. The new entity will be engaged in the manufacture of other electronic and electric wires and cables, and PKC Serbia will hold the entire share capital of the new subsidiary.
Key Highlights
- Samvardhana Motherson International Limited has incorporated a new wholly owned subsidiary, Motherson PKC Electric Cable D.O.O. Pozarevac, in Serbia.
- The new subsidiary will manufacture other electronic and electric wires and cables.
- PKC Wiring Systems LLC, Serbia, a step-down wholly owned subsidiary of Samvardhana Motherson International Limited, will hold 100% of the new subsidiary's shares.