A Oneindia Venture

Samvardhana Motherson Finance Ltd. Company History and Annual Growth Details

Our Company was incorporated under the Companies Act on December 9, 2004 as Samvardhana Motherson Finance Limited and was granted a certificate of commencement of business on December 23, 2004. The registration number of our Company is 55-131118 and our corporate registration number is U74900DL2004PLC131118.

Certifications, awards and recognitions

We have received certifications, awards and recognitions for achieving and maintaining high standards in various aspects of our business. Set forth below is a description of some of the certifications, awards and recognitions received by us in the last three calendar years. These awards have not been received by the Company since the Company is a holding company and operates its business through a number of Subsidiaries, Joint Ventures and Other Consolidated Entities. Accordingly the awards are received by the entity which operates the business and which are either Subsidiaries, Joint Ventures or Other Consolidated Entities.

Major events

2004

-Our Company was incorporated as ‘Samvardhana Motherson Finance Limited’.

2006

-Our Company entered into a joint venture with Spheros GmbH (Germany), Anest Iwata Corporation (Japan), Matsui Manufacturing Company Limited (Japan).

-Our Company entered into a joint venture with F Holding GmbH (Germany).

2007

-Motherson Consultancy Private Limited was merged into our Company.

-MSSL entered into a joint venture with Calsonic Kansei Corporation

-Our Company entered into a joint venture with Nissin Electric Company Limited (Japan), Zanotti
S.p.A (Italy).

2008

-Our Company entered into a joint venture with Magneti Marelli Holding S.p.A (Italy).

2009

-Our Company acquired Visiocorp (now, SMR) and the gear cutting tool and broaches business of Dagger Frost.

-Our Company entered into a joint venture with Sojitz Corporation.

-Award of merit for 'best cooperation' by Hyundai to MSSL

2010

-Our Company entered into a joint venture with Bergstrom Inc. and Nachi-Fujikoshi Corporation
(Japan).

-Our Company issued 53,539,843 Equity Shares to Sojitz Corporation pursuant to conversion of
124,882,670 preference shares of ` 10 each.

-Certificate of appreciation by Renault 2010 Nissan to MSSL

-Award for 'excellence in quality' by Tata Motors to MSSL

2011

-Our Company acquired the Peguform Group, an international supplier of interior and exterior plastic products for the automotive and related industries.

-Award for overall best performance’ by Hyundai granted to KIML

-Award for ‘overall excellence (gold)’ by Maruti Suzuki to MSSL

-Award for ‘incoming quality improvement’ by Maruti Suzuki to MSSL

-Certificate for timely capacity enhancement in the year 2010-2011’ by Maruti Suzuki India Limited to MSSL

-Certificate for ‘Superior Performance in Kaizen’ by Maruti Suzuki Sumi Motherson Innovative
Engineering Limited

-Fulfilment award’ by GE Healthcare to Sumi Motherson Innovative Engineering Limited

-Certificate for ‘Supplier Quality Excellence Process’ by Caterpillar to FMCEL

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+