Samvardhana Motherson International Ltd
NSE: MOTHERSON BSE: 517334
â‚ą159.49
-0.51 (0.32%)
Wed, 04 Nov 2026, 03:28 pm
Market Cap (in Cr)170303.45
PE Ratio38.38
Dividend0.38
Producer Manufacturing
Auto Parts: OEM
24.5KSamvardhana Motherson International Ltd Company History
1983
- Promoted by K.L. Sehgal and V.C. Sehgal.
1986
- Incorporated on 19 December as Motherson Auto Pvt. Ltd.
1987
- Acquired Noida Steel Fabricators Ltd. and commenced manufacture of plastic and steel components.
- Converted to public limited company on 29 April.
1994
- Allotted equity shares: 375,000 to Nissho Iwai Corporation Japan, 600,000 to Sumitomo Wiring Systems Ltd. Japan, 1,525,000 to Indian promoters.
- Issued 3,300,000 equity shares at premium Rs. 15 in March 1993.
- Bagged Best Display Award at Auto Expo December 1993.
1995
- Expanded wiring harness facility for Maruti YE-2 to 1,300,000 p.a.; proposed high tension cord capacity 170,000 sets p.a.
- Set up backward integration for AVSS wire for Maruti YE-2.
- Set up Kromberg Schubert Motherson Sumi Systems Pvt Ltd. with Kromberg Schubert AG, Germany for wiring harnesses.
- Incorporated Britax Motherson Pvt Ltd. with Britax International UK for auto mirrors.
- Issued 1,160,000 rights equity shares (premium Rs. 80, 1:5).
- Awarded ISO 9001.
- Received Best Vendor Award from Maruti Udyog for 1994-95.
1996
- Enhanced manufacturing capacity and upgraded plant and machinery.
- Entered agreement with Sumitomo Wiring Systems Japan for wiring harness for Maruti new car; MOU for high tension cord and AVSS know-how.
- Incorporated Motherson Sirio Antifurto Devices Pvt Ltd. with Antifurto Sirio 777 Srl, Italy.
- Proposed joint venture BTR Motherson Automotive Pvt Ltd. for blow moulded components.
- Proposed joint venture Kyungshin Industrial Motherson Pvt Ltd. with Kyungshin Japan (50:50) for wiring harnesses at Chennai.
1997
- Selected as supplier of integrated wiring harness for Honda Siel Cars.
- Motherson Auto Components Engineering Limited, Motherson Pudenz Fuses Limited, and Motherson Global Pte Ltd. Singapore became subsidiaries.
1998
- Formed joint venture Motherson Sirio Antifurto Devices with Antifurto Sirio 777 Srl, Italy (50:50).
- Set up plants for blow moulded auto components and door panels.
- BTR Motherson Automotive Pvt Ltd set up plants for blow moulded components and door panels; third plant at Chennai.
1999
- Received QS 9000 Certification for Noida Units.
- Awarded Honda Siel Best Quality Supplier for 1998-99.
- ICRA rated Rs. 50 million commercial paper programme A1+.
- Set up facilities at Bangalore for southern customers.
- Changed name to MSSL Pune Limited.
- Set up facilities at Chennai for Ford India and Hyundai Motors.
2000
- Directors approved merger of Motherson Auto Components Engineering Ltd. with company.
- Declared bonus issue in ratio 1:2.
- ICRA reaffirmed A1+ rating for commercial paper programme.
2002
- Nissho Iwai Corporation nominated Hiroto Murai as Director and Masahiro Matsushita as Alternate Director.
2003
- Sumitomo Wiring Systems nominated Toshimi Shirakawa as Director.
- Shareholders approved delisting from Delhi Stock Exchange Association Ltd. and Stock Exchange, Ahmedabad.
2004
- Signed agreement with German firm for auto roofing systems.
- Formed joint venture with Miyazu Seisakusho Company Ltd., Japan for car body dies.
2005
- Entered agreement with Lisa Dräxlmaier.
- Agreed to acquire G+S Kunststofftechnik GmbH, Germany.
- Issued bonus shares in ratio 1:2.
2006
- Shareholders approved amalgamation of Draexlmaier & Motherson Electrical Systems India Ltd. with company.
- Agreed to joint venture with Balda AG for precision moulds and mobile phone parts at Chennai.
2007
- Issued bonus shares in ratio 1:2.
- Entered joint venture with Calsonic Kansei.
2008
- Appointed Toshihiro Watanabe as Whole Time Director.
2009
- Shifted registered office to 2nd Floor, F-7, Block B-1, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi - 110044.
2012
- Recommended bonus shares in ratio 1:2.
- Appointed independent directors Sushil Chandra Tripathi IAS (Retd.), Satya Pal Talwar, Gautam Mukherjee.
- Issued bonus shares in ratio 1:2.
2013
- Board recommended bonus issue in ratio 1:2.
2014
- Acquired wiring harness business of Stoneridge Inc.
2015
- Received Rs. 15,400 crore order from Daimler.
- Allotted bonus shares in ratio 1:2.
2017
- Acquired Kobek Siebdruck GmbH & Co. KG, Germany for screen printing solutions.
- Acquired wiring harness business of PKC Group PLC, Finland for heavy duty commercial vehicles.
- Entered joint venture with Youngshin Components Co. Ltd. (YMAT) for electro-magnetic clutch for car air-conditioner compressor.
2018
- SMRP BV entered joint venture with Ossia Inc. for continuous wireless power inside vehicles.
- Launched telematics product Rollr.
- Completed acquisition of Reydel Automotive.
2019
- Acquired Bombardier UK rolling stock electrical component business.
2021
- Completed acquisition of Bombardier Transportation’s manufacturing site for Electrical Wiring Interconnection Systems in Huehuetoca.
- Acquired majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co. Ltd.
2022
- Entered partnership with Valeo for automotive interiors.
- Won order from Boeing for polymer parts for commercial airplane interiors.
- Completed first acquisition in Japan.
- Acquired assets of frame assembly business from Daimler India Commercial Vehicles Pvt. Ltd.
- Issued bonus shares in ratio 1:2.
- Changed name to Samvardhana Motherson International Ltd. from Motherson Sumi Systems Ltd.
2023
- Acquired 51% stake in Saddles International Automotive and Aviation Interiors Private Limited.
- Acquired SAS Autosystemtechnik GmbH.
