Samvardhana Motherson International Ltd has revised the expected completion timeline for the acquisition of an 81% stake in Yutaka Giken Co. Ltd. The transaction, which was previously targeted for the first quarter of financial year 2026-2027, is now expected to be completed by the second quarter of financial year 2026-2027. This update was submitted to the exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The acquisition is being executed by Motherson Global Investments B.V., an indirect wholly owned subsidiary of Samvardhana Motherson International . The deal involves purchasing 81% of the voting rights in Yutaka Giken Co. Ltd, a company listed on the Tokyo Stock Exchange. Additionally, the transaction includes the acquisition of an 11% stake in Shinnichi Kogyo Co. Ltd, a subsidiary of Yutaka Giken Co. Ltd in which the latter holds a 62% ownership stake.

The revised timeline is subject to the satisfactory completion of all conditions precedent and the steps outlined in the original disclosure. The company had initially informed the exchanges regarding the indicative time period in a filing dated August 29, 2025.

Key Details of the Acquisition

The completion of the acquisition remains contingent upon fulfilling all regulatory and procedural requirements. The company stated that the update is for the information and records of the shareholders and the exchanges.

Samvardhana Motherson International Ltd has revised the closing timeline for acquiring a 28.15% stake in HR Dhauliganga Private Limited to Q4 FY27, delaying the earlier expected completion of Q1 FY27. The transaction is intended to ensure compliance with regulatory requirements for captive power generation and consumption under Electricity Laws. The delay is attributed to the ongoing completion of conditions precedent required for the transaction.

The company and its subsidiaries had previously approved the execution of Power Delivery Agreements with HR Dhauliganga Private Limited, a special purpose vehicle established by Hinduja Renewables Energy Private Limited. This stake acquisition is part of a broader strategy to meet regulatory standards for power operations.

Transaction Details

The key parameters of the transaction are outlined below:

The disclosure was submitted to the exchanges pursuant to Regulation 30(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that all necessary approvals and agreements are being processed to meet the revised timeline.