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Samvardhana Motherson Announces Bonus Share Issue

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Samvardhana Motherson Announces Bonus Share Issue

Elevate Your Investing Strategy:

Samvardhana Motherson International Limited ( (IN:MOTHERSON) ) just unveiled an update.

Samvardhana Motherson International Limited announced the successful passing of a resolution to issue bonus shares in a 1:2 ratio, meaning one fully paid-up equity share will be issued for every two existing shares. This move, approved through a postal ballot, is expected to enhance shareholder value and reflects the company’s commitment to rewarding its investors.

More about Samvardhana Motherson International Limited

Samvardhana Motherson International Limited operates in the automotive industry, primarily focusing on the production and supply of automotive components. The company is known for its diverse range of products and services catering to the global automotive market.

Average Trading Volume: 909,123

Current Market Cap: 1082.5B INR

See more insights into MOTHERSON stock on TipRanks’ Stock Analysis page.

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