Motherson Sumi Systems Ltd to Discuss Reorganization of Business Call Transcript
Ladies and gentlemen, good day, and welcome to the conference call of Motherson Sumi Systems Limited. (Operator Instructions) I now hand the conference over to Mr. Vivek Chaand Sehgal. Thank you, and over to you, sir.
Thank you very much. Good morning, ladies and gentlemen. Welcome to this special call of Motherson Sumi based on the Board meeting that was held yesterday. We have tried to take the -- a whole particular matter, very, very openly, clearly, transparently in front of everybody. The Board has requested for the committee to appoint advisers, investment bankers and lawyers who can then tell us or make a proposal for us, which would be on the lines as what has been decided, which is that Motherson Sumi would split into 2 companies and -- identical companies. And we would then, after that, study that particular proposal. And then eventually put it for the EGM or as the law would decide, the procedure for the figures deemed fit.
I think more will be answered by the people who are here
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