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MOTHERSON · Samvardhana Motherson International Limited · NSE · Filed 17 Aug · 1 min read

Motherson Lifts China Autocruis Stake to 67.93% via Small Secondary Buy

Subsidiary SMR Langfang signed an agreement to buy a further 0.15% of Shenzhen Autocruis from an existing shareholder.

What was filed

Samvardhana Motherson International told the exchanges that its indirect wholly owned subsidiary, SMR Automotive (Langfang) Co., Ltd., signed a Share Purchase Agreement on August 17, 2026 to acquire a small minority stake in Shenzhen Autocruis Technology Co., Ltd., a Chinese company. The purchase is from RTVF Ventures Limited, an existing shareholder, and is a secondary one — existing shares changing hands rather than fresh equity. The filing notes the agreement is subject to customary closing conditions.

Where this sits in the larger deal

This is an incremental step in an acquisition Motherson first disclosed on June 17, 2026. Under that earlier plan, SMR Langfang was to take a controlling stake in Autocruis via a primary capital increase, with its holding rising further after a buy-back by the target. The latest agreement adds a marginal slice on top of that structure, nudging SMR Langfang's shareholding up once the purchase completes.

Why it matters to a holder

The consideration in this step is small relative to the broader transaction, so the immediate financial effect is modest. For a holder, the disclosure mainly confirms that Motherson is continuing to build its position in the Chinese target and consolidating minority shareholders as the larger acquisition progresses.

Secondary purchase consideration
CNY 3 million (approx. USD 440,000)
Stake acquired in this step
0.15%
SMR Langfang holding after this step
67.93%
Initial primary acquisition (earlier disclosure)
CNY 153.3 million (approx. USD 22.6 million) for 64.76%

The step itself is small in value, but it confirms Motherson is progressing its previously announced controlling-stake acquisition in the Chinese target and continuing to consolidate its shareholding. Completion remains subject to customary closing conditions.

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