Board approved acquisition of 49% stake in Vacuform 2000 Proprietary Limited for ₹1.05 billion via subsidiary MSSL RSA.
Post-acquisition, Vacuform becomes an indirect wholly-owned subsidiary with SAMIL holding 100% through two subsidiaries.
Vacuform is a South African auto parts manufacturer with FY26 turnover of ₹1,145.64 million.
Transaction requires South African regulatory approvals and is expected to close by June 30, 2026.