Samvardhana Motherson International Limited has informed the exchange regarding update on acquisition.
MOTHERSON · price
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Samvardhana Motherson International Limited (SAMIL) has informed the exchanges that the acquisition of a 28.15% stake in HR Dhauliganga Private Limited (HRDPL) is delayed. HRDPL is a special purpose vehicle set up by Hinduja Renewables Energy Private Limited. The deal was originally expected to close by Q2 FY26 but is now likely to be completed in Q3 FY26 due to ongoing completion of condition precedents. The acquisition is linked to Power Delivery Agreements signed in June 2025 for captive power generation by SAMIL and its subsidiaries.
This is a procedural update signalling a one-quarter delay in closing, not a cancellation. Since the stake size is modest (28.15%) and tied to captive power needs rather than core operations, the delay is unlikely to materially affect near-term financials, though it confirms SAMIL's continued push into renewable energy for in-house consumption.