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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.