JSA advises Sumitomo Wiring Systems in its stake sale in Samvardhana Motherson

3.4% of the equity share capital was sold by Sumitomo for an aggregate amount of ₹16,123 million.

Bar & Bench

Published:23rd Mar, 2023 at 6:57 PM

Sumitomo Wiring Systems Ltd. sold 3.4% of the equity share capital of Samvardhana Motherson International Limited for an aggregate amount of ₹16,123 million, through a block deal on the stock exchanges.

J. Sagar Associates advised Sumitomo in this stake sale.

The transaction team consisted of Vikram Raghani (Partner), Birbahadur Sachar (Partner) and Pracheta Bhattacharya (Partner).

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JSA advises Sumitomo Wiring Systems in its stake sale in Samvardhana Motherson

3.4% of the equity share capital was sold by Sumitomo for an aggregate amount of ₹16,123 million.

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