-2.45 (-2.05%) Samvardhana Motherson International (SAMIL) has completed acquisition of additional 20% stake of Youngshin Motherson Auto Tech (YMAT) from Youngshin Components Co., South Korea on October 09, 2025. Post completion of the transaction, YMAT has become wholly owned subsidiary of the company.
Samvardhana Motherson International is one of the world’s leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.