What was filed
Samvardhana Motherson International Limited told the exchanges that its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV), has entered into a Share Purchase Agreement with Honda Motor Co., Ltd. (HMCL) to buy an 11% stake in Shinnichi Kogyo Co., Ltd. Per the filing, MGI BV signed the agreement, remitted the purchase consideration and achieved closing of the SPA, all on July 14, 2026.
How it fits the earlier transaction
The company framed this as a completion step of a larger transaction first disclosed on August 29, 2025. Under that disclosure, MGI BV was to acquire an 81% stake with voting rights in Yutaka Giken Co., Ltd. (YGCL) — a Japanese company then listed on the Tokyo Stock Exchange — along with an 11% stake in Shinnichi, a YGCL subsidiary that is 62% owned by YGCL. Acquiring the 11% Shinnichi stake from Honda was among the key steps identified for closing that transaction, and the filing states this step has now been achieved.