Board of Samvardhana Motherson International approves acquisition of 50.1% stake in Rotary Connectors
Mumbai, Sept. 21 -- The board of Samvardhana Motherson International (SAMIL) at its meeting held today, i.e. on 21 September 2026 has, inter alia, considered and approved the purchase by Samvardhana Motherson Adsys Tech (SMAST), a wholly owned subsidiary of the Company, of 50.1% equity stake in Rotary Connectors (RCPL) from existing shareholders of RCPL, subject to satisfactory completion of conditions precedent.
Published by HT Digital Content Services with permission from Capital Market....
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