Samvardhana Motherson Automotive fully acquires SMR Jersey

Samvardhana Motherson Automotive Systems Group B.V., Netherland (SMRP B.V.), a subsidiary of Samvardhana Motherson International Ltd (formerly Motherson Sumi Systems) has acquired additional 1.55% shares of Samvardhana Motherson Reflectec Group Holdings Ltd (SMR Jersey) from an independent third party for 18.4 million euros. Post acquisition of the 1.55% stake, SMR Jersey has become a wholly-owned subsidiary of SMRP B.V