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Motherson Sumi Systems Limited has approved a composite scheme of arrangement to demerge Motherson Sintermetal Technology and Motherson Advanced Tooling Solutions from SMISL and merge them with MSSL, along with merging SMAS with MSSL and MMAL with SMISL.
“The company has approved a composite scheme of arrangement to simplify its corporate structure.”insights.dsij.in
Summarized from public sources; check the original articles before acting on it.