Samvardhana Motherson International Ltd (SAMIL) has successfully completed the acquisition of a 34% stake in Motherson Auto Solutions Ltd (MASL) from Sojitz Corporation.

This development follows an earlier announcement made on August 2, 2024, when SAMIL’s board approved the acquisition for ₹236.5 crore, subject to certain conditions.

Samvardhana Motherson Innovative Solutions Ltd (SMISL), a 100% subsidiary of SAMIL, completed the acquisition on August 17, 2024, after all conditions were met.

This transaction results in MASL becoming an indirect wholly owned subsidiary of SAMIL.

The acquisition is expected to strengthen SAMIL’s position in the auto components sector, further consolidating its global presence.