Samvardhana Motherson International Limited has informed the exchange regarding approval of the Board of Directors to acquire additional 20% stake of Youngshin Motherson Auto Tech Limited.
MOTHERSON · price
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SAMIL's Board has approved acquiring the remaining 20% stake in its joint venture Youngshin Motherson Auto Tech Limited (YMAT) from the Korean partner, Youngshin Components Co. Ltd. This will make YMAT a wholly owned subsidiary of SAMIL. The deal is a cash transaction valued at INR 6.54 crore for the 20% stake. YMAT manufactures and assembles auto clutch products used in HVAC systems of passenger vehicles, and reported a turnover of INR 138 crore with an EBITDA of INR 16.2 crore in FY25, up from INR 106.5 crore in FY24. The transaction is expected to close by end of Q3 FY26, with no regulatory approvals required and no related party concerns.
This is a relatively small acquisition in value (INR 6.54 crore) but strategically consolidates YMAT as a fully owned subsidiary, giving SAMIL complete operational control and full share of profits. Likely neutral to mildly positive for the stock, as it simplifies the group structure and removes minority interest leakage, though the financial impact is modest given YMAT's small size.