Sumitomo Wiring Systems, Ltd sells 3.4% of shares in Samvardhana Motherson International Limited
Sumitomo Wiring Systems, Ltd., Japan (hereafter “SWS”) and H.K. Wiring Systems Limited (hereafter “HKWS”), a 100% subsidiary of SWS, jointly hold 17.72% shares of Samvardhana Motherson International Limited (hereafter SAMIL). Today, SWS has sold 3.4% shares held in SAMIL through ‘bulk deal’ at stock exchange in India as part of global deleveraging strategy to fund … Read more