Samvardhana Motherson International Completes Acquisition of 11% Stake in Shinnichi Kogyo Co., Ltd.
Samvardhana Motherson International Limited has successfully completed the acquisition of a stake in Shinnichi Kogyo Co., Ltd. This transaction concludes the company's stake expansion across related Japanese entities.The transaction involves Samvardhana Motherson International Limited (Company), through its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV). MGI BV holds an 81% stake in Yutaka Giken Co., Ltd. (YGCL), which was listed on the Tokyo Stock Exchange. Shinnichi Kogyo is a subsidiary of YGCL, with YGCL holding a 62% ownership stake.
The completion relates specifically to the acquisition of an 11% share in Shinnichi from Honda Motor Co., Ltd. (HMCL).
MGI BV finalized the purchase through a Share Purchase Agreement signed with HMCL on July 14, 2026. To close the deal, MGI BV remitted the aggregate purchase consideration amount of JPY 330 million to HMCL. The transaction was successfully achieved on July 14, 2026.
MOTHERSON Stock Price Movement
Shares of Samvardhana Motherson International Limited slipped by 0.91% on Tuesday, finishing at ₹142.06. The equity traded during the session within a range defined by a low of ₹141.29 and a high of ₹143.55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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