Samvardhana Motherson International Ltd indirect wholly owned subsidiary SMR Automotive (Langfang) Co., Ltd has moved to deepen its controlling interest in Shenzhen Autocruis Technology Co., Ltd through a secondary share acquisition. On August 17, 2026, SMR Langfang entered into a Share Purchase Agreement with RTVF Ventures Limited, an existing shareholder of the target company, to acquire an additional 0.15% of the equity share capital on a fully diluted basis.

The aggregate consideration for this minority stake is CNY 3 million, equivalent to approximately USD 440,000. This transaction follows the initial acquisition disclosed on June 17, 2026, where SMR Langfang acquired a 64.76% stake via a primary capital increase of CNY 153.3 million (approximately USD 22.6 million). Following the initial deal, the target company undertook an equity buy-back, which adjusted SMR Langfang’s holding to 67.78%.

Transaction Details

The new acquisition is structured as a secondary purchase from an existing shareholder rather than a fresh issuance of equity. Upon successful completion and subject to customary closing conditions, SMR Langfang’s total shareholding in Shenzhen Autocruis Technology will rise from 67.78% to 67.93%.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both the BSE Limited and the National Stock Exchange of India Limited by Alok Goel, Company Secretary of Samvardhana Motherson International Ltd.

The National Company Law Tribunal (NCLT), Mumbai Bench-III, has approved the reduction of share capital of Motherson Technology Services Limited (MTSL). The tribunal’s decision follows a petition filed by Samvardhana Motherson International seeking regulatory clearance under Section 66 of the Companies Act, 2013.

Upon the reduction of capital becoming effective, MTSL and its subsidiaries will become wholly-owned subsidiaries of Samvardhana Motherson International. The parent company had previously disclosed the initiation of this process in letters dated August 29, 2025, and October 16, 2025.

Regulatory Compliance

Samvardhana Motherson International submitted the intimation pursuant to Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The matter was listed for pronouncement on August 13, 2026.

The company stated that it will undertake necessary compliances upon receipt of the certified copy of the NCLT order. A detailed copy of the tribunal’s order will be disseminated once available on the NCLT portal.