Samvardhana Motherson International Limited has intimated the stock exchanges about the incorporation of an indirect subsidiary, MH Supply Chain Limited (MHSCL-US), in Delaware, USA. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Subsidiary Details
- Name: MH Supply Chain Limited (MHSCL-US)
- Date of Incorporation: September 21, 2026
- Country of Incorporation: Delaware, USA
- Industry: Logistics Solutions Services
Ownership Structure
MHSCL-US is a wholly-owned subsidiary of MHSCL JVC Holding Limited, UAE (MHSCL). Samvardhana Motherson International Limited holds 51% shares of MHSCL, while Hellmann Worldwide Logistics (MESA) Holding Limited holds the remaining 49%.
Business Objectives
MHSCL-US is established with the following primary objects:
- To offer world-class supply chain solutions to the automotive industry and support customers with essential logistics requirements
- To enhance resilience, efficiency, and stability in supply chains by providing integrated third-party logistics and fourth-party logistics services globally
Financial Details
- Nature of Consideration: Cash subscription
- Share Capital: 1,000 shares of face value USD 0.01 per share
- Total Initial Investment: USD 10
- Ownership: MHSCL to hold 100% shares of MHSCL-US
Regulatory Approvals
No governmental or regulatory approvals were required for this incorporation.
Disclosure and Signatory
The intimation was signed by Alok Goel, Company Secretary of Samvardhana Motherson International Limited, on September 23, 2026.