Samvardhana Motherson International Limited has successfully completed the merger of its indirect subsidiaries, Modulos Ribera Alta SL (MRA) and Celulosa Fabril SA (CEFA). The merger was registered at the Commercial Register of Zaragoza, Spain, on April 20, 2026, resulting in MRA ceasing to exist as of April 14, 2026.
The merger consolidates MRA into CEFA, transferring MRA’s assets to CEFA through universal succession. For the financial year ending March 31, 2025, MRA reported a turnover of Euro 92,294,953.77, while CEFA reported Euro 81,595,001.28.
CEFA is engaged in processing, manufacturing, and selling plastic materials, industrial and consumer products, and providing technical services. MRA was involved in processing plastics and providing technical services, among other activities.
The rationale behind the merger is to simplify the corporate structure and enhance operating efficiency. The transaction does not fall within related party transactions, and no changes in shareholding patterns or cash considerations were involved.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).