Onega Solar Private Limited (OSPL-SPV) allotted 69,79,648 equity shares on a private placement basis on June 26, 2026, to comply with the shareholding requirements under the Group Captive framework. The shares, with a face value of ₹10 each, aggregate to ₹6,97,96,480. This allotment was made to samvardhana motherson international and other participating entities, including subsidiaries, joint ventures, associates, and promoter group entities.

OSPL-SPV is a special purpose vehicle established for the development of a 15 MWp Group Captive Solar Project in Uttar Pradesh. The acquisition of OSPL-SPV by Motherson New Energy Limited (MNEL), a wholly owned subsidiary, was completed on December 24, 2025. The strategic move aligns with the company's sustainability objectives, aiming to facilitate long-term cost efficiencies and reduce the carbon footprint of domestic operations.

Following the allotment, OSPL-SPV ceased to be a wholly owned subsidiary of MNEL. The company holds 11.72% of the equity share capital of OSPL-SPV on a fully diluted basis directly and 86.77% indirectly through its subsidiaries. Consequently, OSPL-SPV continues to remain an indirect subsidiary of the company.

The dilution in shareholding was undertaken solely to meet regulatory requirements and does not result in any change in the management or control of OSPL-SPV. The entity remains under the control of the company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholding Details

samvardhana motherson international recorded a notable block trade on the National Stock Exchange (NSE), with approximately 1,490,049 shares transacted at a price of ₹144.89 per share. The total value of the block deal stood at ₹21.59 crores, indicating significant large-lot trading activity in the stock.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Block trades of this scale are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimize market impact. The transaction in Samvardhana Motherson International underscores continued interest from large-lot participants in the stock.