Samvardhana Motherson International Forms New Energy Subsidiary for Renewable Power Projects

Samvardhana Motherson International Limited has incorporated a new indirect wholly owned subsidiary focused on renewable energy projects. The company announced the formation of Motherson Energy Systems Bhend Limited (MESBL) on February 24, 2026, marking its continued expansion into the energy sector. Subsidiary Structure and Ownership The new entity was incorporated through Motherson New Energy Limited (MNEL), which is a wholly owned subsidiary of Samvardhana Motherson International Limited. MNEL holds the entire share capital of MESBL along with its six nominees, creating an indirect wholly owned subsidiary structure. Parameter: Details Incorporation Date: February 24, 2026 Parent Entity: Motherson New Energy Limited Ultimate Parent: Samvardhana Motherson International Limited Ownership Structure: Indirect wholly owned subsidiary Business Focus and Operations MESBL will be engaged in the business of designing, developing, owning and operating power, energy and infrastructure projects, with a primary focus on renewable energy sources. The subsidiary's operations will be based at Bhendwade, Maharashtra, and the energy generated will be used for captive consumption by the Motherson Group. Key Business Activities Designing renewable energy projects and associated facilities Developing power generation infrastructure Owning and operating energy projects Focusing on renewable energy sources for sustainable operations Financial Structure The newly incorporated subsidiary has been established with a defined capital structure to support its renewable energy operations. Financial Parameter: Details Authorized Share Capital: 50,000 equity shares Face Value per Share: Rs. 10.00 Industry Sector: Energy Business Model: Captive power generation Strategic Significance The incorporation of MESBL represents Samvardhana Motherson International Limited's strategic move towards sustainable energy solutions. By establishing dedicated renewable energy infrastructure for captive use, the company aims to enhance its operational efficiency while contributing to environmental sustainability. The Maharashtra location at Bhendwade positions the subsidiary strategically for renewable energy development in the region. The formation of this energy-focused subsidiary aligns with the growing emphasis on renewable energy adoption across industrial sectors, enabling the Motherson Group to secure reliable and sustainable power supply for its operations. Samvardhana Motherson International Limited has inaugurated a state-of-the-art automotive lighting manufacturing facility in Sanand, Gujarat on February 23, 2026. The facility represents a significant expansion of the company's manufacturing capabilities through its strategic joint venture with Marelli Europe SPA. Strategic Joint Venture Partnership The new facility operates under Marelli Motherson Automotive Lighting India Private Limited (MMLI), a strategic joint venture where Samvardhana Motherson International holds 50% equity share capital. This partnership combines Marelli's global technology leadership with Motherson's manufacturing excellence and customer relationships in the Indian market. Partnership Details: Information Joint Venture Name: Marelli Motherson Automotive Lighting India Private Limited (MMLI) Motherson Equity Share: 50% Partner: Marelli Europe SPA Establishment Year: 2008 Facility Location: Sanand, Gujarat, India Advanced Manufacturing Capabilities The world-class manufacturing facility spans 8,200 square meters and utilizes cutting-edge technologies to serve the rising demand for premium lighting solutions. The plant is equipped with high-tonnage multi-colour moulding machines ranging from 2,000T to 2,700T, enabling advanced manufacturing processes. Facility Specifications: Details Total Area: 8,200 square meters Machine Capacity: 2,000T to 2,700T multi-colour moulding machines Primary Focus: Exterior lighting systems Sustainability Feature: Rooftop solar power Future Plans: Open-access green power sourcing Industry-First Innovations The facility achieves several significant milestones for the Indian automotive industry: First facility in India capable of manufacturing edge-to-edge single-piece long lighting parts Localization of the slimmest headlamp module in the country India's first single-piece, end-to-end Daytime Running Lights (DRL) manufacturing capability First single-piece Rear Combination Lamps (RCL) production in India Leadership Perspectives Mr Laksh Vaaman Sengal, Vice Chairman, Motherson, commented on the inauguration: "The inauguration of our cutting-edge automotive lighting plant underscores Motherson's unwavering commitment to innovation, excellence, and customer-centricity. This strategic investment strengthens our ability to deliver advanced, future-ready lighting solutions while meeting the evolving needs of our customers." Frank Huber, President of Marelli's Lighting business, emphasized the facility's significance: "Our new facility in Sanand is a key milestone in bringing advanced lighting technologies to our customers in India. Together with our partner Motherson, we are uniting global innovation with strong local manufacturing capabilities to deliver cutting-edge solutions for the Indian market." Sustainability Commitment The facility demonstrates the company's commitment to environmental responsibility through integrated sustainability features. The plant incorporates rooftop solar power generation, with additional plans underway to source open-access green power, aligning with modern manufacturing sustainability standards. 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