Motherson unit acquires additional 0.15 percent stake in Shenzhen Autocruis
MOTHERSON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Samvardhana Motherson's indirect unit SMR Langfang has signed a Share Purchase Agreement to buy an additional 0.15 percent stake in Shenzhen Autocruis Technology from existing shareholder RTVF Ventures for CNY 3 million (about USD 440,000). This raises its holding from 67.78 percent to 67.93 percent. This follows the June 2026 primary capital injection of CNY 153.3 million (around USD 22.6 million) for an initial 64.76 percent stake. Subject to customary closing conditions.
Small incremental buy deepening Motherson's controlling stake in a Chinese auto tech target; marginal financial impact but signals continued expansion.