Motherson to acquire 50.1% stake in Rotary Connectors

Motherson to acquire 50.1% stake in Rotary Connectors. Samvardhana Motherson Adsys Tech, a wholly-owned subsidiary of MOTHERSON, has received approval to buy 50.1% equity stake in Rotary Connectors Private Limited. The move strengthens Motherson’s presence in the automotive electrical systems space. Deal value not disclosed.

📊 STOCKS: $MOTHERSON | 🏢 SECTOR: Auto | #MEDIUMIMPACT #Acquisition