Brief: Samvardhana Motherson Says Units To Execute JV Agreement(S) With Sanko Co
07/02/2025 02:22
Feb 7 (Reuters) - Samvardhana Motherson International
Ltd SAMD.NS :
* UNITS APPROVED TO EXECUTE JV AGREEMENT(S) WITH SANKO CO
* JOINT VENTURE TO PROVIDE SUSTAINABLE PACKAGING SOLUTIONS
IN
INDIA AND EUROPE
* JV-A TO BE INCORPORATED IN INDIA WITH SMGCL 51%, SANKO 49%
* JV-B TO BE INCORPORATED IN HUNGARY WITH SAHN BV 51%, SANKO
49%
Source text: ID:nBSEbb9Ksz
Further company coverage: SAMD.NS
((Reuters.Briefs@thomsonreuters.com;;))
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