Samvardhana Motherson International Limited has submitted a regulatory disclosure pursuant to Regulation 30(7) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 regarding additional acquisition in a Chinese subsidiary.
The disclosure references a previous filing dated June 17, 2026, where the company informed about its indirect wholly owned subsidiary SMR Automotive (Langfang) Co., Ltd. acquiring controlling stake in Shenzhen Autocruis Technology Co., Ltd. through a primary capital increase of CNY 153.3 million (approximately USD 22.6 million) for a 64.76% equity stake on a fully diluted basis.
Following the initial acquisition, it was previously disclosed that after completion of Target's equity buy-back, SMR Langfang would hold 67.78% of equity share capital of the Target.
On August 17, 2026, SMR Langfang entered into a Share Purchase Agreement with RTVF Ventures Limited, an existing shareholder of Target, for acquisition of 0.15% of the equity share capital (on a fully diluted basis) of Target. The acquisition is a secondary purchase for an aggregate consideration of CNY 3 million (approximately USD 440,000).
The Share Purchase Agreement is subject to customary closing conditions.
Upon successful completion of this minority share acquisition from RTVF Ventures Limited, SMR Langfang's shareholding in the Target will increase from 67.78% to 67.93% of the equity share capital.
The disclosure is signed by Alok Goel, Company Secretary of Samvardhana Motherson International Limited.