Samvardhana Motherson International Limited has submitted a regulatory disclosure under Regulation 30(7) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding the completion of a previously announced acquisition transaction.
The disclosure references the company's earlier submission dated August 29, 2025, which informed about the acquisition through its indirect wholly owned subsidiary Motherson Global Investments B.V. (MGI BV) of 81% stakes with voting rights in Yutaka Giken Co., Ltd. (YGCL) and 11% stake in Shinnichi Kogyo Co., Ltd. (Shinnichi). YGCL is incorporated under Japanese laws and was listed on Tokyo Stock Exchange, while Shinnichi is a subsidiary of YGCL with 62% ownership held by YGCL.
On July 14, 2026, MGI BV entered into a Share Purchase Agreement with Honda Motor Co., Ltd. (HMCL) for the purchase of the 11% stake in Shinnichi. The aggregate purchase consideration amounted to JPY 330 million, subject to deduction of applicable taxes. MGI BV remitted the consideration to HMCL and achieved closing of the Share Purchase Agreement on the same date, July 14, 2026.
This transaction represents the completion of the final step in the acquisition process that was initially disclosed in August 2025, specifically covering the acquisition of the 11% stake in Shinnichi from Honda Motor Co., Ltd.