Top-line vanity with bottom-line sanity is Vivek Chaand Sehgal's success mantra
The company has offered 23.55 euros per PKC share, representing a 51% premium to PKC's closing price on Thursday
The shares of PKC are currently listed on the Nasdaq Helsinki stock exchange
Motherson has offered 23.55 euros per PKC share
New order wins should help raise, diversify revenue base; rising profit to drive earnings, stock
The leading auto component maker has also trimmed its debt by 50% to Rs 2,175 cr since March 31, 2016
62,884,827 shares were issued to qualified institutional buyers at an issue price of Rs 317 after giving a discount of 2.79%
Company's QIP issue opened on September 8 and closed on September 13 for receiving applications from investors
Indian revenue growth stands out in an otherwise sluggish consolidated performance
Reports are doing rounds that the company is planning to simplify its holding structure by merging the promoter entity Samvardhana Motherson International with itself
Street to watch out for any fallout of emission scandal at Volkswagen, Motherson's largest client
Motherson Sumi said the proceeds from the issuance and sale of the 2016 Notes will be used to repay existing third party indebtedness
International margins improved sharply while domestic ones also gained
Net sales touch a record Rs 10,068 cr, up 8% from year-ago quarter