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Samvardhana Motherson board approves acquisition of 50.1% stake in Rotary Connectors

Samvardhana Motherson International said its board approved buying 50.1% of Rotary Connectors via a wholly-owned subsidiary for an enterprise value of ₹500 crore.

MOTHERSON

1% stake in Rotary Connectors through the company’s wholly-owned subsidiary for an enterprise value of ₹500 crore. In an exchange filing, Samvardhana Motherson International said i…