Announced Thu, 30 Apr · 18:44 IST
Motherson completes 51% acquisition of Nissin Advanced Coating Indo
MOTHERSON · price
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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹121.50
prior close
₹121.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.9+0.6+0.6-0.4+5.2+7.8+8.3+7.3+4.4+12.0+18.5+19.8—
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AI summary
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.
Likely market impact
Expands Motherson's portfolio via a new wholly owned subsidiary in advanced coatings, strengthening its auto component offerings.