1/- each held in the company," Motherson Sumi Wiring informed in an exchange filing today. The estimated date by which such bonus shares would be credited/dispatched would be within 2 months from the date of board approval i.e. As part of the group's reorganisation activity, the name of Motherson Sumi Systems Limited (MSSL) has now been changed to Samvardhana Motherson International Ltd (SAMIL). Motherson Sumi Wiring India Ltd reported close to two-fold increase in net profit at ₹126 crore for the first quarter ended June 2022. Shares of Motherson Sumi Wiring were trading more than a per cent lower at ₹85 apiece on the BSE in Friday's afternoon deals.

Source: Mint September 30, 2022 21:32 UTC