As of the quarter ended June, the entity held 3.46% stake or 15,61,25,499 shares in the company.
Sojitz Corporation was established out of the union of Nichimen Corporation and Nissho Iwai Corporation. The Sojitz Group consists of approximately 400 subsidiaries and affiliates located in Japan and across the globe, developing wide-ranging general trading company operations in a multitude of countries and regions.
Samvardhana Motherson came into existence as a result of proposed restructuring in erstwhile Motherson Sumi wherein the domestic wiring business of the company was demerged from the existing entity and called
Wiring. On the other hand, Motherson Sumi was merged into promoter-held Samvardhana Motherson.