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Samvardhana Motherson International Ltd

NSE: MOTHERSON BSE: 517334

112.29

(0.37)%

Mon, 02 Feb 2026, 08:53 am

samvardhana motherson international ltd 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.

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