Indian auto supplier Motherson Sumi plans to raise $300m from share sale

Indian auto supplier Motherson Sumi plans to raise $300m from share sale

Indian automotive supplier Motherson Sumi Systems Ltd is poised to raise $300 million in a share sale, people with knowledge of the matter said, after Yes Bank Ltd scrapped India’s biggest offering of new stock in more than two years.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter