{"id":56710,"date":"2021-05-27T17:36:22","date_gmt":"2021-05-27T12:06:22","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=56710"},"modified":"2021-05-27T17:36:22","modified_gmt":"2021-05-27T12:06:22","slug":"cci-receives-notice-under-green-channel-filed-by-motherson-sumi-systems-limited-mssl","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/cci-receives-notice-under-green-channel-filed-by-motherson-sumi-systems-limited-mssl\/","title":{"rendered":"CCI receives notice under Green Channel filed by Motherson Sumi Systems Limited (MSSL)"},"content":{"rendered":"

\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p>

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CCI receives notice under Green Channel filed by Motherson Sumi Systems Limited (MSSL), Samvardhana Motherson International Limited (SAMIL), Sumitomo Wiring Systems Limited (SWS) relating to an intra-group reorganization of the Motherson Group and is deemed approved
\n<\/span><\/h5>\n<\/div>\n
Delhi 27 MAY 2021<\/h5>\n

The Competition Commission of India (CCI) receives notice under Green Channel filed by Motherson Sumi Systems Limited (MSSL), Samvardhana Motherson International Limited (SAMIL), Sumitomo Wiring Systems Limited (SWS) relating to an intra-group reorganization of the Motherson Group and is deemed approved.<\/p>\n

The proposed combination is envisaged through following steps:<\/p>\n

 <\/p>\n

    \n
  • MSSL\u2019s entire domestic wiring harness undertaking (DWH Undertaking<\/strong>) will be demerged into a newly incorporated wholly-owned subsidiary of MSSL\u00a0i.e<\/em>., Motherson Sumi Wiring India Limited (MSWIL<\/strong>); and<\/li>\n<\/ul>\n

     <\/p>\n

      \n
    • SAMIL will be amalgamated by absorption into MSSL, being the resultant company. Subsequently, MSSL will be renamed as Samvardhana Motherson International\u00a0\u00a0\u00a0 Limited (New SAMIL<\/strong>).<\/li>\n<\/ul>\n

       <\/p>\n

      MSSL is the flagship company of the Motherson Group and is a leading automotive component manufacturer for original equipment manufacturers. MSSL is in the business of manufacturing automotive components (such as wiring harness), vision systems, moulded and polymer products, etc.<\/em><\/p>\n

      SAMIL is the largest shareholder of MSSL. SAMIL provides operational, strategic, and management support to all Motherson Group companies. SAMIL is inter alia<\/em>\u00a0engaged in the business of manufacturing automotive components and ancillaries, including automotive lighting systems, extruded and injection moulding tools and components, air intake manifolds\u00a0etc.<\/em><\/p>\n

      SWS (Indirect Acquirer) is a Japanese company. It manufactures and sells wiring harnesses for automobiles and their components, electric wires, and cables for automobiles, electronic components for automobiles as well as components for electric vehicles.<\/p>","protected":false},"excerpt":{"rendered":"

      \u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 CCI receives notice under Green Channel filed by Motherson Sumi Systems Limited (MSSL), Samvardhana Motherson International Limited (SAMIL), Sumitomo Wiring Systems Limited (SWS) relating to an intra-group reorganization of the Motherson Group and is deemed approved Delhi 27 MAY 2021 […]<\/p>\n","protected":false},"author":13,"featured_media":56716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[109,122],"tags":[29330,29324,29328,29327,29329,29326,29325,29331],"class_list":["post-56710","post","type-post","status-publish","format-standard","has-post-thumbnail","category-national","category-news","tag-dwh-undertaking","tag-indirect-acquirer","tag-motherson-group","tag-mssl","tag-mswil","tag-samil","tag-sws","tag-the-competition-commission-of-india"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t