Samvardhana Motherson International Limited (SAMIL) provides an update regarding its previous disclosures made on June 19, 2025, September 26, 2025, December 25, 2025, and March 26, 2026 concerning the acquisition of stake in HR Dhauliganga Private Limited (HRDPL).
The company and its subsidiaries had approved the execution of Power Delivery Agreements with HRDPL. To comply with regulatory requirements for captive power generation and consumption under Electricity Laws, SAMIL and its subsidiaries proposed to enter into an agreement to acquire a 28.15% stake in HRDPL.
HRDPL is identified as a special purpose vehicle set up by Hinduja Renewables Energy Private Limited.
The expected closing of the transaction, which was previously estimated to occur by Q1 FY27, has been delayed. Due to the ongoing completion of conditions precedent, the transaction is now likely to be completed during Q4 FY27.
This disclosure is submitted pursuant to Regulation 30(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.