Samvardhana Motherson Completes Shinnichi Stake Acquisition

Samvardhana Motherson International Limited has announced the completion of an acquisition by its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV). MGI BV has acquired an 11% stake in Shinnichi Kogyo Co., Ltd. (Shinnichi) from Honda Motor Co., Ltd. (HMCL) for JPY 330 million. This transaction is part of a larger deal where MGI BV is acquiring 81% stakes in Yutaka Giken Co., Ltd. (YGCL), which in turn holds a 62% stake in Shinnichi. The acquisition of the Shinnichi stake was finalized on July 14, 2026, following the execution of a Share Purchase Agreement with HMCL and remittance of the purchase consideration.