In a significant development, Samvardhana Motherson International Limited (BSE: 517334) has completed the acquisition of Yutaka Autoparts India Private Limited, according to a BSE regulatory filing.
This move is part of the company’s earlier announced plan to acquire 81% stakes with voting rights in Yutaka Giken Co., Ltd. and 11% stake in Shinnichi Kogyo Co., Ltd.
The acquisition involves the purchase of 100% shares of Yutaka Autoparts India Private Limited by Samvardhana Motherson International Limited.
The company had earlier executed a Share Purchase Agreement for the purchase of 100% of the issued and paid-up share capital of Yutaka Autoparts India Private Limited.
With this acquisition, Yutaka Autoparts India Private Limited has become a wholly owned subsidiary of Samvardhana Motherson International Limited.
The company had intimated the execution of the Share Purchase Agreement on March 11, 2026, and the closing of the agreement was completed on March 16, 2026, upon completion of conditions precedent.
The acquisition is part of the company’s strategy to expand its presence in the automotive sector. The company had initially announced the acquisition plan on August 29, 2025.
The transaction is not a related party transaction and the promoter group has no interest in the awarding entity. The company has complied with the requirements of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, by making the necessary disclosures to the stock exchanges.
The acquisition is a significant development for Samvardhana Motherson International Limited, which is a leading player in the automotive sector.
The company’s order book is expected to receive a boost from this acquisition, which will help it to expand its presence in the global automotive market.
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