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Samvardhana Motherson Expands Global Footprint, Arm To Acquire 50.1% Stake In Rotary For ₹500.4 Crore

Samvardhana Motherson Expands Global Footprint, Arm To Acquire 50.1% Stake In Rotary For ₹500.4 Crore
Photo: Free Press Journal · view original

New Delhi: Samvardhana Motherson International Ltd has approved the acquisition of a controlling stake in Rotary Connectors Pvt Ltd, strengthening the auto components manufacturer’s presence in India’s aerospace and defence sector. Samvardhana Motherson Adsys Tech Ltd, a wholly owned subsidiary...

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