Samvardhana Motherson International Limited has successfully completed its tender offer for Yutaka Giken Co., Ltd. shares, acquiring 1,408,867 common shares at a price of JPY 3,024 per share.
The tender offer, conducted through Motherson Global Investments B.V., an indirect wholly owned subsidiary, was part of a strategic acquisition plan to increase its stake in the Japanese company. The process began after securing necessary regulatory approvals and completing procedures under competition laws in several countries, including China, Brazil, Mexico, Japan, and the United States.
The tender offer was initiated on February 9, 2026, under Japan’s Financial Instruments and Exchange Act, and concluded on March 10, 2026. The settlement date for the tendered shares is set for March 17, 2026. This acquisition is a significant step for Samvardhana Motherson in expanding its global footprint and strengthening its position in the automotive components sector.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).