Samvardhana Motherson International Ltd. Acquires 51% Stake in Nissin India
The Board of Directors of Samvardhana Motherson International Limited (SAMIL) approved the acquisition of a 51% equity stake in Nissin Advanced Coating Indo Co. Private Limited ('Nissin India') from Nissin Electric Co. Ltd, Japan. The approval was reached during a Board meeting held on April 27, 2026, and is subject to the satisfactory completion of requisite conditions precedent.Following the acquisition, SAMIL is set to hold 100% of the equity share capital of Nissin India. This complete ownership will be structured through SAMIL and its wholly owned subsidiary, Samvardhana Motherson Innovative Solutions Limited, in a ratio of 51% and 49%, respectively. Consequently, Nissin India is expected to become an indirect wholly owned subsidiary of SAMIL.
Transaction and Target Details
Nissin India, the target entity, is engaged in the business of thin film coating services. The company provides fine coating Physical Vapor Deposition (PVD) systems, which are used to coat surfaces such as tools, molds, dies, automotive parts, and decorative goods.The acquisition involves a purchase consideration of INR 9.23 Crores, granting SAMIL a 51% stake in Nissin India.
SAMIL will hold the entire equity share capital of Nissin India, confirming its position as a dominant shareholder, while SMISL and SAMIL will collectively manage the structure.
Financial Overview of Nissin India
Nissin India is incorporated in October 2007 and has an operational presence in India. The company's turnover shows consistent growth in the financial years preceding the acquisition:| Financial Metric | FY 2024 (INR Crores) | FY 2025 (INR Crores) | FY 2026 (INR Crores) |
|---|---|---|---|
| Turnover | 26.7 | 27.8 | 30.4 |
| EBITDA | N/A | N/A | 10.3 |
For the Financial Year 2025-2026, the target company recorded a turnover of INR 30.4 Crores and an EBITDA of INR 10.3 Crores.
The transaction is structured using cash consideration and is expected to be closed by the end of Q1 of the financial year 2026-27, pending the satisfaction of all pre-completion conditions.
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Samvardhana Motherson International Limited is headquartered in Noida, U.P., India.
MOTHERSON Stock Price Movement
Today, Samvardhana Motherson International Limited shares edged higher to close at ₹127.93, gaining 2.07% for the session. The stock finished on a volume of 11.63 million shares, having traded today within an intraday range of ₹125.44 and ₹128.54.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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