1. Motherson Sumi Systems Limited (Mssl), 2. Samvardhana Motherson International Limited (Samil), 3. Sumitomo Wiring Systems Limited (Sws)
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
SUMMARY OF THE PROPOSED COMBINATION
[Under Regulation 13(1A) of the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations , 2011 (as amended)]
A. NAME OF THE PARTIES TO THE COMBINATION
- The parties to the combination are:
- a. Demerged Company/ Amalgamated Company- Motherson Sumi Systems Limited ( MSSL )
- b. Amalgamating Company- Samvardhana Motherson
International Limited ( SAMIL )
c. Indirect Acquirer- Sumitomo Wiring Systems Limited ( SWS )
- MSSL, SAMIL, and SWS are collectively referred to as the Parties.
B. NATURE AND PURPOSE OF THE COMBINATION
- MSSL is an Indian company listed on BSE Limited ( BSE ) and National Stock Exchange of India Limited ( NSE ) (collectively, the Stock Exchanges ). SAMIL and SWS are current shareholders of MSSL. SAMIL is the single largest shareholder in MSSL holding 33.43% of the shareholding and SWS holds 25.10% of the shareholding in MSSL, as of December 2020.
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