Big Deal News: The company, which gave a return of 122% in 3 years, bought 100% stake in Yutaka Autoparts India, keep an eye on the stock

News Topical, Digital Desk : Big Deal News: Samvardhana Motherson International Limited, a leading company in the auto component sector, has announced its expansion. The company stated that it has taken a major strategic step.

The company has signed a Share Purchase Agreement (SPA) on March 10, 2026, to acquire a 100% stake in Yutaka Autoparts India Private Limited, the company informed the stock exchanges. This transaction is part of a larger deal to acquire a stake in Yutaka Giken Co., Ltd. of Japan.

What information was given in the exchange?
Samvardhana Motherson has already announced that its indirect wholly-owned subsidiary, Motherson Global Investments BV, is acquiring 81% of Yutaka Giken Co., Ltd. (YGCL) and 11% of Shinnichi Kogyo Co., Ltd. (YGCL).

Shinnichi Kogyo is a subsidiary of Yutaka Giken, in which YGCL holds approximately 62%. The acquisition of 100% of Yutaka Autoparts India Private Limited is considered a key step in the completion of the transaction.

According to the company, an agreement has been reached to purchase 100% of the issued and paid-up share capital under the SPA. However, information on the closing of this acquisition will be disclosed separately at a later date.

This information has been issued under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations 2015. The company believes that this acquisition will prove to be an important step towards strengthening its global auto component business.

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