Samvardhana Motherson Subsidiary Completes Buyback of Shares in Japanese Company YGCL
Samvardhana Motherson International Limited has successfully concluded the transaction involving the acquisition of shares in Yutaka Giken Co., Ltd. (YGCL). The completion was achieved on July 21, 2026.The buyback involved Motherson Global Investments B.V. (MGI BV), an indirect wholly owned subsidiary of Samvardhana Motherson International Limited, purchasing the shares from Honda Motor Co., Ltd.
This transaction is part of a broader acquisition process that initially informed stakeholders regarding the acquiring of stakes in YGCL and Shinnichi Kogyo Co., Ltd. Following preliminary announcements on August 29, 2025, this acquisition has progressed through various stages. An update detailing receipt of Voluntary Sale Permission from the competent court was provided on July 17, 2026.
Yutaka Giken Co., Ltd. (YGCL) is a company incorporated under Japanese law and listed on the Tokyo Stock Exchange. Shinnichi Kogyo Co., Ltd. is noted as a subsidiary of YGCL, with YGCL holding a 62% ownership stake in Shinnichi.
The successful completion of the buyback has resulted in a specific shareholding structure within YGCL:
| Stakeholder | Ownership Percentage |
|---|---|
| MGI BV (Subsidiary of Samvardhana Motherson) | 81% |
| Honda Motor Co., Ltd. | 19% |
MOTHERSON Stock Price Movement
As of 10:46 AM, shares of Samvardhana Motherson International Limited are edging higher to ₹146.26, gaining 0.72% in live trading. The stock maintains strong market interest, with over 6.01 million shares traded so far during the morning session.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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