Dissolution of dormant Shanghai subsidiary Motherson DRSC
MOTHERSON · price
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Samvardhana Motherson International has dissolved its indirect wholly owned subsidiary Motherson DRSC Automotive Product Trading (Shanghai) Co. Ltd., effective June 29, 2026. The subsidiary was acquired in October 2023 as part of the Dr. Schneider Holding GmbH Group deal but was non-operational with no business activity. In FY 2025-26, it reported only INR 50 million in income and INR 25 million in net worth, contributing negligible 0% to consolidated revenue and 0% to consolidated net worth. The dissolution has no impact on the company's consolidated net worth.
Minimal financial impact as the dissolved subsidiary was dormant and contributed negligible revenue. No effect on consolidated net worth or operations.