NSEGeneral Updates26 Jun 2026 · 26 Jun 2026, 06:36 pm
General Updates
Samvardhana Motherson International Limited · MOTHERSON
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Samvardhana Motherson International Limited has made a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the allotment of shares by Onega Solar Pvt Ltd, a step-down subsidiary of the Company, to comply with the shareholding requirements prescribed under the Group Captive framework.
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Full Announcement
Allotment of shares by Onega Solar Pvt Ltd., a step down subsidiary of the Company. Onega Solar is a SPV for development of Group Captive Solar Project.
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Samvardhana Motherson International Limited
Head Office: C-14 A & B, Sector 1, Noida – 201301 Distt. Gautam Budh Nagar, U.P. India
Tel: +91-120-6752100, 6752278, Fax: +91-120-2521866, 2521966, Website: www.motherson.com
June 26, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers
Plot No. C/1, G-Block, Mumbai – 400001,
Bandra- Kurla Complex, Maharashtra, India
Bandra (E), Mumbai- – 400051,
Maharashtra, India
Symbol: MOTHERSON Scrip Code: 517334
Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
This is in reference to the disclosures made by Samvardhana Motherson International Limited ("SAMIL" or
the "Company") vide letters dated November 13, 2025 and December 24, 2025, regarding the acquisition
of Onega Solar Private Limited ("OSPL-SPV") through its wholly owned subsidiary, Motherson New Energy
Limited ("MNEL"). Pursuant thereto, MNEL acquired equity shares and compulsorily convertible
debentures aggregating to 100% ownership of OSPL-SPV on December 24, 2025.
OSPL-SPV is a special purpose vehicle established for the development of a 15 MWp Group Captive Solar
Project in the State of Uttar Pradesh. The acquisition aligns with the Company's sustainability objectives
and is expected to facilitate long-term cost efficiencies while reducing the carbon footprint of its domestic
operations.
In order to comply with the shareholding requirements prescribed under the Group Captive framework in
accordance with the applicable electricity laws and regulations, OSPL-SPV on June 26, 2026, allotted
69,79,648 equity shares having a face value of Rs. 10/- each, aggregating to Rs. 6,97,96,480 (Rupees Six
Crore Ninety-Seven Lakh Ninety-Six Thousand Four Hundred Eighty only), on a private placement basis
to the Company and other participating entities, including subsidiaries, joint ventures, associates and
promoter group entities of the Company.
Pursuant to the aforesaid allotment, OSPL-SPV has ceased to be a wholly owned subsidiary of MNEL and
has become a subsidiary of MNEL. Post allotment, the Company holds 11.72% of the equity share capital
of OSPL-SPV on a fully diluted basis directly and 86.77% indirectly through its subsidiaries. Accordingly,
OSPL-SPV continues to remain an indirect subsidiary of the Company.
The aforesaid dilution in shareholding has been undertaken solely to comply with the requirements of the
Group Captive regulatory framework and does not result in any change in the management or control of
OSPL-SPV. Consequently, OSPL-SPV shall continue to remain under the control of the Company.
This disclosure is being made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
The above is for your information and records.
Thanking you,
Yours truly,
For Samvardhana Motherson International Limited
Alok Goel
Company Secretary
Regd. Office:
Unit – 705, C Wing, ONE BKC, G Block
Bandra Kurla Complex, Bandra East
Mumbai – 400051, Maharashtra (India)
Tel: 022-61354800, Fax: 022-61354801
CIN No.: L35106MH1986PLC284510
Email: investorrelations@motherson.com