Announced Mon, 29 Jun · 17:23 IST
SAMIL acquisition of 28.15 percent stake in HR Dhauliganga delayed to Q4 FY27
MOTHERSON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹148.78
prior close
₹148.94
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.3-1.6-0.4-0.7-0.7-1.6-2.2-3.9-4.1-2.1———
Up moveDown movePending
AI summary
SAMIL and its subsidiaries are acquiring 28.15 percent stake in HR Dhauliganga Private Limited, an SPV set up by Hinduja Renewables, for captive power use. The deal was earlier expected to close by Q1 FY27 but is now pushed to Q4 FY27 as conditions precedent are still being completed. Power Delivery Agreements with HRDPL are also being executed.
Likely market impact
Minor delay pushes closing timeline back by about three quarters. No major financial impact expected as the deal is small and was always part of captive power planning.