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Samvardhana Motherson International informs about acquisition

21 Sep 2026 Evaluate

Samvardhana Motherson International has informed that Board of Directors of the company (SAMIL) at its meeting held today, on September 21, 2026 has, considered and approved the purchase by Samvardhana Motherson Adsys Tech (‘SMAST’), a wholly owned subsidiary of the Company, of 50.1% equity stake in Rotary Connectors (‘RCPL’) from existing shareholders of RCPL, subject to satisfactory completion of conditions precedent. Post completion of the afore-mentioned transaction, SMAST will hold 50.1% of equity share capital of RCPL and thereupon, RCPL will become an indirect subsidiary of SAMIL. The promoters of RCPL will continue to hold 49.9% equity stake in RCPL. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Master Circular HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, the details of the acquisition are enclosed as Annexure A. The Board Meeting of the Company commenced at 0920 Hours (IST) and concluded at 1000 Hours (IST).

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
SamvardhanaMotherson 163.65
Tube Investments 2588.85
Bosch 47904.00
UNO Minda 1225.65
Bombay Burmah Trdg. 1462.50
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