Samvardhana Motherson International Incorporates Energy Subsidiary for Renewable Power Projects

Samvardhana motherson international Limited has incorporated an indirect wholly owned subsidiary focused on renewable energy projects, marking the company's strategic expansion into the energy sector. Subsidiary Incorporation Details Motherson New Energy Limited, a wholly owned subsidiary of Samvardhana Motherson International Limited, has incorporated Motherson Energy Systems Naarangwadi Limited (MESNL) on February 24, 2026. The incorporation was completed under the Companies Act, 2013, with the company filing the requisite intimation under Regulation 30 of SEBI regulations. Parameter: Details Incorporation Date: February 24, 2026 Parent Entity: Motherson New Energy Limited Ultimate Parent: Samvardhana Motherson International Limited Industry Focus: Energy Authorized Capital: Rs. 5.00 lakh Business Objectives and Operations MESNL will be engaged in designing, developing, owning and operating power, energy and infrastructure projects, including associated facilities, primarily based on renewable sources. The subsidiary's operations will focus on captive use by Motherson Group entities, indicating a strategic move towards energy self-sufficiency and sustainability. Capital Structure The newly incorporated entity has been established with specific capital parameters that reflect its operational scope: Capital Details: Specifications Authorized Share Capital: Rs. 5.00 lakh Number of Shares: 50,000 equity shares Face Value per Share: Rs. 10 Shareholding: 100% held by MNEL (with 6 nominees) Regulatory Compliance The incorporation has been communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI regulations. The company has confirmed that no governmental or regulatory approvals were required for this incorporation, and the transaction does not fall under related party transactions as it involves a new incorporation rather than an acquisition. Strategic Implications This incorporation represents Samvardhana Motherson International's entry into the renewable energy sector through its subsidiary structure. The focus on captive power generation for group entities suggests a strategic approach to energy cost management and sustainability initiatives across the Motherson Group's operations. 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. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. 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