Corporate Announcement
Security Code : 517334    Company : MOTHERSUMI    
Outcome of Board Meeting (EGM on March 18, 2013) 
  Exchange Disseminated Time     
Motherson Sumi Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 12, 2013, have decided to convene an Extra-ordinary General Meeting of the shareholders of the Company schedule to be held on March 18, 2013 inter alia to consider and seek enabling approval for:-

1. Preferential allotment of shares to Sumitomo Wiring Systems Limited, a promoter of the Company up to 14,698,656 equity shares i.e. 2.5% of existing equity shares.

2. Issue of shares to Qualified Institutional Buyer through Qualified Institutions Placement up to 44,095,968 equity shares i.e. 7.5% of existing equity shares.


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