Motherson Group lists Motherson Sumi Wiring India on BSE, NSE

Motherson Group on Monday announced that it has listed Motherson Sumi Wiring India Ltd (MSWIL) on the BSE and NSE.

The company was formed when the domestic wiring harness business was demerged from Motherson Sumi Systems Ltd (MSSL). The demerger came into effect from January 5, 2022.

''This is a very important day for all of us at Motherson. Our wiring harness business in India is the foundation on which the group was built over the years and Motherson Sumi Wiring India will continue to strengthen the capabilities further,'' MSWIL Chairman Vivek Chaand Sehgal said in a statement.

With the listing and trading of MSWIL shares, the group reorganisation initiated in July 2020, is now completed, and Motherson now has two publicly listed companies, Sehgal added.

FPJ Shorts

Passengers Panic As Lithium Battery Fire Erupts In Overhead Bin On Air China Flight Mid-Air; Makes Emergency Landing - Scary Visuals Surface

Western Railway Updates: Additional Stoppages For 3 Trains At Vyara Station From October 23; Check Details

Mumbai Railway Update: Central Railway To Operate Mega Block Between Vidyavihar And Thane On Oct 19 For Maintenance Work

Thamma Vs Ek Deewane Ki Deewaniyat Advance Booking Report: Ayushmann Khurrana Starrer Ahead Of Harshvardhan Rane's Film

The Noida-headquartered company is a leading player in the manufacturing of wiring harnesses, harness components, and other electric wires.

(With PTI inputs)