MOTHERSON has established a new renewable energy subsidiary, Motherson Energy Systems Bhend Limited (MESBL), through its wholly owned subsidiary Motherson New Energy Limited. Based in Bhendwade, Maharashtra, MESBL will design, develop, own and operate renewable energy projects for captive power generation. The subsidiary has an authorized share capital of 50,000 equity shares with a face value of Rs. 10.00 per share, representing the company's strategic expansion into sustainable energy solutions.
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