Samvardhana Motherson International Limited has submitted with the Stock Exchange regarding update on acquisition.
MOTHERSON · price
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Awaiting price reaction for this filing.
Samvardhana Motherson International has signed a Share Purchase Agreement (SPA) on March 10, 2026, to buy 100% of Yutaka Autoparts India Private Limited, as part of its larger acquisition plan disclosed in August 2025. The broader deal involves its indirect wholly owned subsidiary, Motherson Global Investments B.V., acquiring 81% stake in Japan's Yutaka Giken Co., Ltd. (listed on Tokyo Stock Exchange) and 11% stake in Shinnichi Kogyo Co., Ltd. (a subsidiary of Yutaka Giken). The purchase of the Indian entity is a key step toward completing the overall transaction. The closing date for this SPA will be communicated separately.
This is a positive progress update for shareholders, showing the company is actively moving forward with its international acquisition to expand its automotive components footprint. Successful closure of this deal could strengthen Motherson's global supply chain and revenue base, though the stock may see limited immediate reaction since the overall acquisition was already announced earlier.