Motherson Technology Services | Business Upturn

Samvardhana Motherson anticipates MTSL acquisition completion by Q2 FY27

Kinjal — Mon, 23 Mar 2026 12:56:49 +0000

Samvardhana Motherson International Limited (SAMIL) has announced an update regarding its acquisition of Motherson Technology Services Limited (MTSL), indicating a revised timeline for completion. Initially expected to conclude by the fourth quarter of FY26, the transaction is now projected to be finalised by the second quarter of FY27 due to ongoing regulatory processes.

SAMIL, which currently holds a 92.96% stake in MTSL, is moving towards making MTSL a wholly owned subsidiary. This will be achieved through a selective reduction of equity share capital by MTSL, targeting certain shareholders. The process is subject to the approval of the Hon’ble National Company Law Tribunal under Section 66 and other applicable provisions of the Companies Act, 2013.

The company emphasised that this update aligns with the requirements of Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Samvardhana Motherson International to complete MTSL acquisition by Q2 FY27

Business Desk — Mon, 23 Mar 2026 12:51:29 +0000

Samvardhana Motherson International Limited (SAMIL) has announced a revised timeline for the completion of its acquisition of Motherson Technology Services Limited (MTSL). The company now expects the transaction to be finalised by the second quarter of the financial year 2026-27, due to ongoing regulatory processes.

SAMIL, which currently holds a 92.96% stake in MTSL, had initially anticipated the acquisition to be completed by the fourth quarter of FY26. The acquisition involves the selective reduction of equity share capital by MTSL, which will result in MTSL becoming a wholly owned subsidiary of SAMIL.

The acquisition process is being conducted under Section 66 and other applicable provisions of the Companies Act, 2013, and is subject to the approval of the National Company Law Tribunal. The update was submitted pursuant to Regulation 30(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).