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Samvardhana Motherson International informs about updates on acquisition

18 Jul 2026 Evaluate
Samvardhana Motherson International has informed that with reference to the disclosure dated August 29, 2025, submitted by Samvardhana Motherson International Limited (Company), thereby informing with respect to acquiring, through its indirect wholly owned subsidiary namely Motherson Global Investments B.V. (MGI BV), 81% stakes with voting rights in Yutaka Giken Co., Ltd. (YGCL) and 11% stake in Shinnichi Kogyo Co., Ltd. (Shinnichi) (hereinafter referred to as Transaction). YGCL is a company duly incorporated and existing under the laws of Japan and was listed on Tokyo Stock Exchange and Shinnichi is a subsidiary of YGCL with 62% ownership held by YGCL. Further vide disclosure dated June 30, 2026, the time period for completion of afore mentioned acquisition was mentioned as the second quarter of financial year 2026-2027. In this respect, the company is to provide status update that the Voluntary Sale Permission Decision from the competent court is received on July 17, 2026. Furthermore, the payment for the fractional share transfer shall be completed in accordance with the definitive agreements executed in respect of the Transaction. The above is submitted pursuant to Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 158.95
Tube Investments 2570.00
Bosch 47604.60
UNO Minda 1175.00
Bombay Burmah Trdg. 1416.75
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