Samvardhana Motherson International Limited has apprised the stock exchanges of a corporate update involving one of its overseas subsidiaries. The company disclosed that Atsumitec (HK) Co. Limited, an indirect subsidiary, has been deregistered with the Hong Kong Companies Registry and has consequently ceased to exist.
The intimation was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Details of the Subsidiary’s Dissolution
Atsumitec (HK) Co. Limited was an indirect subsidiary in which Samvardhana Motherson held a 95% stake. The dissolution process was completed, and the entity was officially deregistered with effect from December 12, 2025.
The company clarified that the decision to dissolve Atsumitec HK had been taken by its shareholders before Samvardhana Motherson acquired Atsumitec Co. Ltd., Japan, in March 2025. At the time of dissolution, the Hong Kong entity was not carrying out any active business operations.
Financial Impact on the Group
During the financial year 2024–25, Atsumitec HK reported revenue of HKD 0.53 million, with a net worth of HKD 13.5 million as of March 31, 2025. Given its minimal scale of operations, the subsidiary’s contribution to Samvardhana Motherson’s consolidated revenue and net worth was insignificant.
Regulatory Disclosure
The company stated that the disclosure has been made in compliance with Regulation 30 of the SEBI LODR Regulations, along with the relevant SEBI master circular. Since the dissolution did not involve any sale, transfer, or disposal, details relating to consideration, buyers, or related-party transactions were declared as not applicable.
Summary
Samvardhana Motherson has informed stock exchanges about the dissolution of its indirect Hong Kong subsidiary, Atsumitec (HK) Co. Limited, effective December 12, 2025. The entity was inactive, contributed marginally to the group’s financials, and its dissolution—decided prior to the Atsumitec Japan acquisition—has no material impact on the company’s overall operations or financial position.
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