Samvardhana Motherson International has successfully concluded the acquisition of Yutaka Autoparts India Private Limited, making it a wholly owned subsidiary.
The acquisition was finalised on 16 March 2026, following the completion of all conditions precedent outlined in the Share Purchase Agreement (SPA). This development follows the company’s earlier announcements regarding its strategic investments in Yutaka Giken Co., Ltd. and Shinnichi Kogyo Co., Ltd. The purchase of Yutaka Autoparts India was a key step in this broader acquisition strategy. Samvardhana Motherson‘s acquisition of an 81% stake in Yutaka Giken and an 11% stake in Shinnichi Kogyo, both based in Japan, was initially disclosed in August 2025. Yutaka Giken holds a 62% ownership in Shinnichi Kogyo.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).