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MOTHERSON · Samvardhana Motherson International Limited · BSE · Filed 30 Jun · 1 min read

Motherson updates timeline for Nexans autoelectric acquisition, now expected in July 2026

The company said its planned acquisition of the Nexans autoelectric and Elektrokontact businesses is now expected to close during July 2026, within the previously indicated first quarter of FY2026-27.

What was filed

Samvardhana Motherson International Limited filed an update to its earlier disclosure dated December 22, 2025 concerning an acquisition by Motherson Global Investments B.V. (MGI BV), an indirect wholly owned subsidiary. The transaction covers the business — including assets and certain real estate — of Nexans autoelectric GmbH and Elektrokontact GmbH, together with shares in their foreign subsidiaries.

The filing is procedural in nature: it revises only the expected completion timing. The company said the acquisition, originally indicated to complete in the first quarter of financial year 2026-27, is now expected to be concluded during the month of July 2026, subject to satisfactory completion of all conditions precedent.

Why it matters to a holder

For holders, the update narrows a previously stated window rather than announcing a new event. July 2026 falls within the earlier first-quarter FY2026-27 indication, so the disclosure signals continuity of the deal's progress toward closing. The filing carries no revised deal value, financial terms, or new conditions — those details, to the extent disclosed, sit in the December 22, 2025 announcement referenced here.

The update refines the expected closing date of a previously disclosed cross-border acquisition to July 2026, which lets holders track whether an announced transaction is proceeding on schedule; it does not add financial terms or alter the scope disclosed earlier.

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