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Samvardhana Motherson International informs about updates on acquisition

22 Jul 2026 Evaluate

With reference to the disclosure dated August 29, 2025, submitted by the 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., (‘YGCL’) and 11% stake in Shinnichi Kogyo Co., (‘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. Additionally, vide disclosure dated July 17, 2026, the status update regarding receipt of Voluntary Sale Permission Decision from the competent court was intimated. Accordingly, pursuant to the definitive agreements, Samvardhana Motherson International has informed that, YGCL has completed the buyback of the shares held by Honda Motor Co., (‘Honda Motor’) in YGCL. The resulting shareholding of YGCL is, a) 81% held by MGI BV and, b) 19% is held by Honda Motor. The final closing of the Transaction is being achieved on July 21, 2026. 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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