Announced Fri, 17 Jul · 22:25 IST
Samvardhana Motherson updates on Yutaka Giken acquisition status
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
+0.9%1-day move
₹144.30
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.9-0.7+1.2+0.9+3.5—————
Up moveDown movePending
AI summary
Samvardhana Motherson International provided a status update on its indirect acquisition through Dutch arm Motherson Global Investments B.V., covering 81 percent stake in Japans Yutaka Giken Co Ltd (a Tokyo-listed auto components firm) and 11 percent in Shinnichi Kogyo Co Ltd. The Voluntary Sale Permission Decision from the competent court was received on July 17, 2026. Payment for fractional shares will be completed per the definitive agreements. Deal completion is targeted for Q2 FY27.
Likely market impact
Positive progress on Japan auto-components buyout; court approval received, deal now closer to completion in Q2 FY27.