Samvardhana Motherson International Completes Acquisition of Yutaka Giken Co. Ltd. and Shinnichi Kogyo Co. Ltd. Stakes

Samvardhana Motherson International Limited has completed the acquisition of 81% stakes with voting rights in Yutaka Giken Co., Ltd. (YGCL) and 11% stake in Shinnichi Kogyo Co., Ltd. (Shinnichi) through its indirect wholly owned subsidiary, Motherson Global Investments B.V. YGCL is a company incorporated and existing under the laws of Japan and is listed on Tokyo Stock Exchange, while Shinnichi is a subsidiary of YGCL with 62% ownership held by YGCL. The acquisition included the purchase of 100% shares of Yutaka Autoparts India Private Limited (YAIPL) by the Company. The Share Purchase Agreement (SPA) for the purchase of 100% of issued and paid-up share capital of YAIPL was executed on March 11, 2026, and the closing of the SPA was completed on March 16, 2026, upon completion of conditions precedent. Post completion, YAIPL has become a wholly owned subsidiary of the Company.