Samvardhana Motherson sells entire stake in AES India Engineering Limited to T-Net Japan Co., Ltd.
Samvardhana Motherson Innovative Solutions Limited (SMISL), a subsidiary of Samvardhana Motherson International Limited (SAMIL), has agreed to sell its complete equity shareholding in AES (India) Engineering Limited to T-Net Japan Co., Ltd.AES India is a joint venture established in 2005 between SMISL and T-Net Japan Co., Ltd. The entity operates within the automotive sector, handling engineering, consulting, civil, architectural, electrical services, procuring equipment, digital engineering, and related activities.
SMIL holds a 100% equity stake in SMISL. Through this structure, SAMIL’s effective capital commitment in AES India stands at 26%. The transaction involves both joint venture partners agreeing to pursue independent business strategies, allowing each to focus on their core competencies after several years of cooperation.
The sale is scheduled to be executed in due course, with the expected completion date falling within Q3 of FY 2026-27, subject to satisfying all requisite conditions precedent. The agreed purchase consideration for SMISL's equity shares in AES India amounts to INR 68,64,000/-.
The buyer, T-Net Japan Co., Ltd., is described as a company engaged in developing social infrastructure, such as roads, bridges, and tunnels, and manufacturing sites, primarily within Japan’s core industries like automobiles and electronics.
Transaction and Financial Overview
A review of the enterprise details reveals the following structure and financial standing:| Metric | AES India Engineering Limited | Samvardhana Motherson International Limited (SAMIL) |
|---|---|---|
| Ownership Stake Held by SMISL | 26% | - |
| Revenue (as on March 31, 2026) | INR 178.6 million | INR 12,61,036.7 million |
| Net Worth (as on March 31, 2026) | INR 4.7 million | INR 3,47,228.8 million |
The transaction is structured as a standard sale of shares and was found not to be a related party transaction.
MOTHERSON Stock Price Movement
Samvardhana Motherson International Limited shares today slipped by 0.30% to settle at ₹167.99 in post-market trading. The stock saw a volume of 29.88 million, trading within an intraday range of ₹167.16 to ₹172.00.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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