Motherson Signs Agreement To Acquire Yutaka Autoparts India; Shares Fall 1.47%

Mumbai, March 11: Samvardhana Motherson International Limited has entered into a Share Purchase Agreement dated March 10, 2026 to acquire 100% of the issued and paid up share capital of Yutaka Autoparts India Private Limited, according to a regulatory disclosure submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement forms part of the transaction steps previously outlined in the company’s disclosure dated August 29, 2025 regarding its planned strategic investment in Japan based Yutaka Giken Co., Ltd. and Shinichi Kogyo Co., Ltd.

The acquisition will be executed through the company’s indirect wholly owned subsidiary Motherson Global Investments B.V. As previously disclosed, the group had announced plans to acquire an 81% stake with voting rights in Yutaka Giken Co., Ltd. and an 11% stake in Shinichi Kogyo Co., Ltd. Both companies operate in the automotive components sector in Japan, with Shinichi functioning as a subsidiary of Yutaka Giken Co., Ltd.

As part of the overall transaction structure, the Indian entity Yutaka Autoparts India Private Limited will now be acquired in full. The company said the closing of the Share Purchase Agreement will be communicated separately once the transaction reaches completion.

Shares Decline During Wednesday’s Session

Share price of Samvardhana Motherson International Limited declined in Wednesday’s trading session following the disclosure.

The stock was trading at ₹121.60, down ₹1.81 or 1.47% on the day as of 2:22 PM IST on March 11, 2026, according to exchange data. The stock opened at ₹124.01 and touched a high of ₹125.98 and a low stood at ₹121.19 so far.

Market participants often monitor acquisition announcements closely as they can influence investor sentiment depending on expected integration costs, strategic benefits and exposure to international operations.

Company Background

Samvardhana Motherson International Limited is a global automotive components manufacturer supplying wiring harnesses, mirrors, polymer modules and precision components to automotive original equipment manufacturers.

The group operates manufacturing and engineering facilities across multiple geographies and serves major automotive producers in Europe, Asia and the Americas. Through its subsidiaries and joint ventures, the company maintains a diversified portfolio spanning electrical distribution systems, interior and exterior modules and technology driven mobility solutions.

Strategic acquisitions have been a recurring part of the group’s expansion model, allowing it to deepen relationships with global OEM customers and broaden its manufacturing footprint across markets.

Conclusion

The signing of the Share Purchase Agreement marks a procedural step toward completing the broader transaction involving Yutaka Giken Co., Ltd. and its associated entities.

Completion of the acquisition will depend on the closing process outlined in the agreement and any applicable regulatory or procedural requirements. The company stated that it will provide a separate intimation to exchanges once the transaction reaches closing stage.

Source:

• https://www.nseindia.com/get-quote/equity/MOTHERSON/Samvardhana-Motherson-International-Limited
• https://nsearchives.nseindia.com/corporate/MOTHERSON_11032026122839_SAMIL_SE_Disclosure_11032026.pdf