Did you know that Samvardhana Motherson International Ltd has given bonus shares 10 times till now, and its first bonus share was issued in 1997? If you didn’t know that, then read this post. In this post, I have shared Motherson Sumi Bonus History.
Motherson Sumi Bonus History
As shown in the above table, bonus shares were given in the same ratio of 1:2 every time.
As we can see, after Samvardhana Motherson International Ltd was listed on the stock exchange in 1993, company gave its shareholders bonus shares 10 times. In 1997 the company issued bonus shares for the first time with a ratio of 1:2 & the recent bonus shares were issued in 2022 with a ratio of 1:2.
Also Read: Indian Oil Corporation | IOC Bonus History
Samvardhana Motherson International Limited (SMIL) is a leading global automotive components manufacturer headquartered in India. Founded in 1975 as a joint venture between the Sehgal family and Japan’s Sumitomo Group, SMIL went public in 1993.
The company has expanded rapidly via acquisitions of international auto parts makers, including Peguform, PKC Group, and Bombardier Transportation’s UK division.
SMIL produces wire harnesses, mirrors, plastics, and metal parts for leading automakers and operates over 300 plants in 41 countries across North America, South America, Europe, South Africa, the Middle East, Asia Pacific, and Australia. His more than 150,000 professionals around the world who are part of Motherson serve clients.