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Samvardhana Motherson, India to demerge and merge multiple subsidiaries
On February 7, Samvardhana Motherson International Limited (SAMIL) announced that its Board of Directors approved a composite scheme of arrangement involving its subsidiaries—Samvardhana Motherson Innovative Solutions Limited (SMISL), Samvardhana Motherson Auto System Private Limited (SMAS), and Motherson Machinery a....
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