BSECompany Update10 Aug 2026 · 10 Aug 2026, 07:07 pm
Samvardhana Motherson International Limited has submitted with Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Regulation & Disclosure Requirements) Regulations, 2015.
Samvardhana Motherson International Ltd · 517334
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Samvardhana Motherson International Ltd has submitted a disclosure under Regulation 30 of SEBI (Listing Regulations & Disclosure Requirements) Regulations, 2015, stating that its wholly-owned subsidiary, Samvardhana Motherson Innovative Solutions Limited, has agreed to sell its entire 26% stake in AES (India) Engineering Limited, a joint venture with T-Net Japan Co., Ltd., to T-Net Japan Co., Ltd. for INR 68,64,000. The transaction is expected to be completed within Q3 of FY 2026-27.
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Samvardhana Motherson International Ltd - 517334 - Disclosure Under Regulation 30 Of SEBI (Listing Regulations & Disclosure Requirements) Regulations, 2015.
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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
August 10, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers
Plot No. C/1, G-Block Dalal Street
Bandra-Kurla Complex Mumbai – 400001, Maharashtra, India
Bandra (E)
MUMBAI – 400051, India
Symbol : MOTHERSON Scrip Code : 517334
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Dear Sir / Madam,
This is to inform that Samvardhana Motherson Innovative Solutions Limited (“SMISL”), a wholly
owned subsidiary of Samvardhana Motherson International Limited (“SAMIL” or “the Company”),
agreed to sell its entire shareholding in AES (India) Engineering Limited (“AES India”), a Joint
Venture with T-Net Japan Co., Ltd. (“T-Net”).
AES India is a joint venture between SMISL and T Net. SMISL along with its nominees holds 26%
equity shares in the AES India. SAMIL holds 100% equity shares of SMISL. Accordingly, effective
capital of SAMIL in AES India is 26%.
The joint venture was established in 2005 and engaged in the business of automotive related
operations covering all aspects of engineering, consulting, civil, architectural, electrical services and
procuring and selling equipment and digital engineering and related activities.
After multiple years of close cooperation, both JV partners (i.e., SMISL and T-Net) agreed to pursue
independent business strategies to focus on their core capabilities.
In this respect, details prescribed vide SEBI circular no. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure- ‘A’.
This is for your information and record.
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
Annexure- A
Sl. Particulars Details
1. Name of entity and brief description of AES (India) Engineering Limited (“AES India”).
transaction
AES India is a joint venture between
Samvardhana Motherson Innovative Solutions
Limited (“SMISL”) and T-Net Japan Co., Ltd. (“T-
Net”). SMISL along with its nominees holds 26%
equity shares in the AES India. Samvardhana
Motherson International Limited (“SAMIL” or “the
Company”) holds 100% equity shares of SMISL.
Accordingly, effective capital of SAMIL in AES
India is 26%.
The joint venture was established in 2005 and
engaged in the business of automotive related
operations covering all aspects of engineering,
consulting, civil, architectural, electrical services
and procuring and selling equipment and digital
engineering and related activities.
After multiple years of close cooperation, both JV
partners (i.e., SMISL and T-Net) agreed to
pursue independent business strategies to focus
on their core capabilities.
Further, given the limited scale of the business
relative to Motherson's overall portfolio, the
proposed transaction is non-material for the
Company.
2. The amount and percentage of the (a) Details of Revenue (as on March 31, 2026):
turnover or revenue or income and net
worth contributed by such unit or division (i) Consolidated Revenue of SAMIL: INR
or undertaking or subsidiary or associate 12,61,036.7 million
company of the listed entity during the
(ii) Revenue of AES India: INR 178.6 million
last financial year.
(iii) % of AES India revenue to SAMIL
(consolidated): Negligible
(b) Details of Net worth (as on March 31, 2026):
(i) Net Worth of SAMIL: INR 3,47,228.8 million
(ii) Net Worth of AES India : INR 4.7 million
(iii) % of AES India Net Worth to SAMIL:
Negligible
3. Date on which the agreement for sale The agreement will be executed in due course.
has been entered into.
4. The expected date of completion of Subject to satisfactory completion of condition(s)
sale/disposal. precedent, the transaction is expected to be
closed within Q3 for FY 2026-27.
5. Consideration received from such The purchase consideration is agreed as INR
sale/disposal. 68,64,000/- for equity shares held by SMISL in
AES India.
6. Brief details of buyers and whether any Buyer is engaged in the business of development
of the buyers belong to the promoter/ of social infrastructure such as roads, bridges,
promoter group/group companies. If and tunnels, which enable people to live safely,
yes, details thereof. as well as manufacturing sites, primarily in
Japan's core industries such as automobiles and
electronics, with a variety of technologies
including machinery, electrical systems, and IT
systems. Existing shareholder T-Net Japan Co.,
Ltd., Japan will buy the 26% equity share from
SMISL.
The Buyer does not belong to the promoter /
promoter group.
7. Whether the transaction would fall within No
related party transactions? If yes,
whether the same is done at “arm’s
length”.
8. Whether the sale, lease or disposal of The sale of shares is outside the scheme of
the undertaking is outside Scheme of arrangement. However, provisions of Regulation
Arrangement? If yes, details of the same 37A read with Section 180 of the Companies Act
including compliance with regulation are not applicable to the current transaction.
37A of LODR Regulations.
9. Additionally, in case of a slump sale, Not Applicable
indicative disclosures provided for
amalgamation/merger, shall be
disclosed by the listed entity with respect
to such slump sale.