JSA advised Sumitomo Wiring Systems Ltd., in its sale of 4.43% of the equity capital of Samvardhana Motherson International through block deals.
Sumitomo Wiring Systems, Japan (SWS) and H. K. Wiring Systems, a subsidiary of SWS, who jointly held 14.32% equity share in Samvardhana Motherson International (SAMIL), has announced that it has sold 300 million shares amounting to 4.43% shares in SAMIL.
The move is part of SWS of its investment portfolio management efforts, thus diluting its stake to 9.89% in SAMIL.
Our Transaction Team Comprised Partner – Vikram Raghani, Birbahadur Sachar, Pracheta Bhattacharya and Associate – Tavishi Chandra.
Bir Bahadur Singh Sachar is a Partner at JSA based in Mumbai, specialising in mergers and acquisitions, private equity investments, corporate transactions, and regulatory advisory. He has advised leading global and domestic investors, financial institutions, private equity funds, and corporates on complex M&A, strategic investments, divestments, joint ventures, and cross-border transactions across diverse sectors.