Date: July 22, 2026
Transaction Completion Update
Samvardhana Motherson International Limited has completed the acquisition of 81% stake in Yutaka Giken Co., Ltd. (YGCL) through its indirect wholly owned subsidiary Motherson Global Investments B.V. (MGI BV). The transaction was finalized on July 21, 2026.
Shareholding Structure
Following the completion of the transaction and buyback of shares from Honda Motor Co., Ltd.:
- MGI BV now holds 81% stake with voting rights in Yutaka Giken Co., Ltd.
- Honda Motor Co., Ltd. retains 19% stake in Yutaka Giken Co., Ltd.
- The company had previously acquired 11% stake in Shinnichi Kogyo Co., Ltd., which is a subsidiary of YGCL with 62% ownership held by YGCL.
Transaction Timeline
- Initial disclosure: August 29, 2025 - Intimation of acquisition plans
- Timeline update: June 30, 2026 - Completion expected in Q2 FY2026-2027
- Court approval: July 17, 2026 - Receipt of Voluntary Sale Permission Decision from competent court
- Final closing: July 21, 2026 - Transaction completion achieved