Samvardhana Motherson International Limited has submitted with the Stock Exchange update on acquisition.
MOTHERSON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Samvardhana Motherson International Limited has completed the closing of the Share Purchase Agreement (SPA) for acquiring 100% of Yutaka Autoparts India Private Limited (YAIPL) on March 16, 2026. YAIPL has now become a wholly owned subsidiary of the company. This is a key step in the company's larger acquisition, announced in August 2025, of an 81% stake in Tokyo-listed Yutaka Giken Co., Ltd. and an 11% stake in Shinnichi Kogyo Co., Ltd. (a 62% subsidiary of Yutaka Giken) in Japan, through its indirect wholly owned Dutch subsidiary Motherson Global Investments B.V. The deal was originally disclosed on August 29, 2025, with the SPA executed on March 11, 2026, and closing conditions now satisfied.
Positive for shareholders — the successful closing moves Motherson closer to completing its significant Japanese auto components acquisition, expanding its global footprint in line with its '3CX25' diversification strategy. No open offer trigger is mentioned in this filing.