Motherson Sumi Wiring India Limited submitted the trust deed for its irrevocable 'MSWIL ESOP Trust' to the stock exchanges pursuant to SEBI SBEB Regulations.
The trust, established with an initial corpus of ₹10,000, will administer the company's 'Employee Stock Option Scheme 2025' for employee benefit.
Mr. Arjun Puri and Mr. Gautam Mukherjee were appointed as the first trustees of the trust, which is governed by a detailed deed executed in March 2026.
The trust's primary object is to acquire company shares via secondary market purchases and transfer them to employees upon option exercise as per the scheme.