Motherson completes 51% acquisition of Nissin Advanced Coating Indo
MOTHERSON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty 100 and 1.7 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Samvardhana Motherson International Limited has completed the acquisition of a 51% equity stake in Nissin Advanced Coating Indo Co. Private Limited from Japan's Nissin Electric Co. Ltd on April 30, 2026. The deal, first disclosed on April 27, 2026, was completed after all conditions precedent were met. Post-completion, Nissin India has become an indirect wholly owned subsidiary of Motherson.
Expands Motherson's portfolio via a new wholly owned subsidiary in advanced coatings, strengthening its auto component offerings.