Samvardhana Motherson International Limited has announced the execution of a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited, following board approval on March 19, 2026. The strategic partnership will establish a Dubai-based joint venture company to provide world-class supply chain solutions to the automotive industry globally, excluding Japan.

Joint Venture Structure and Shareholding

The new joint venture company will be incorporated in Dubai, UAE, with a clear shareholding structure between the two partners. SAMIL will hold majority control while Hellmann brings its extensive global logistics expertise to the partnership.

Strategic Partnership Objectives

The collaboration aims to enhance resilience, efficiency, and stability in supply chains by providing integrated third-party logistics (3PL) and fourth-party logistics (4PL) services globally. Hellmann Worldwide Logistics SE & Co. KG., the German parent company, is a leading global freight forwarder headquartered in Osnabrück with a turnover of EUR 3.80 billion and presence in over 170 countries through its network.

The partnership will enable SAMIL, through its Logistics Solution Division, to support customers with essential logistics requirements and offer comprehensive supply chain solutions specifically tailored for the automotive sector.

Governance and Board Structure

The joint venture company's board will consist of a minimum of six directors, with SAMIL appointing three directors including the Chairman, while Hellmann will appoint the remaining three directors. This balanced governance structure ensures both partners have significant input in strategic decision-making while maintaining SAMIL's majority control.

Regulatory Compliance

The announcement was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this transaction does not constitute a related party transaction, as Hellmann is not connected to SAMIL's promoter group or related entities.

Samvardhana Motherson International Limited has approved an interim dividend of ₹0.35 per equity share for the financial year 2025-26 and set March 27, 2026 as the record date for dividend payment. The automotive components manufacturer's Board of Directors made this decision during their meeting held on March 19, 2026, which commenced at 4:30 PM IST and concluded at 5:25 PM IST.

Dividend Approval and Record Date Details

The board meeting has concluded with the approval of interim dividend at ₹0.35 per equity share with face value of ₹1 each. Under Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has fixed the record date for dividend payment purposes.

Stock Exchange Details and Compliance

The dividend announcement has been communicated to both major stock exchanges where the company is listed. The regulatory compliance follows SEBI Listing Regulations with proper notification to exchanges.

Payment Framework and Eligibility

The interim dividend will be paid within the stipulated time in accordance with applicable laws to equity shareholders whose names appear in the Register of Members or in the records of Depositories as beneficial owners as on the record date. Company Secretary Alok Goel has digitally signed and authenticated the official communication sent to both National Stock Exchange of India Limited and BSE Limited.

Corporate Structure and Operations

Samvardhana Motherson International Limited operates from its head office located at C-14 A & B, Sector 1, Noida, Uttar Pradesh, with its registered office at Unit 705, C Wing, ONE BKC, G Block, Bandra Kurla Complex, Mumbai. This interim dividend declaration demonstrates the company's commitment to regular shareholder value distribution during the ongoing financial year 2025-26.