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Samvardhana Motherson International Limited ( (IN:MOTHERSON) ) has shared an announcement.
Samvardhana Motherson International Limited has updated investors on its planned acquisition of a 28.15% stake in HR Dhauliganga Private Limited, a special purpose vehicle set up by Hinduja Renewables Energy Private Limited, which is tied to previously approved power delivery agreements for captive power generation and consumption under Indian electricity regulations. The company now expects the transaction to close in the fourth quarter of the 2025-26 financial year, instead of the earlier target of the third quarter, due to ongoing completion of conditions precedent, signalling a procedural delay but continued commitment to securing renewable captive power, with implications for its long-term energy costs and regulatory compliance.
More about Samvardhana Motherson International Limited
Samvardhana Motherson International Limited is a diversified automotive components and solutions supplier, serving global original equipment manufacturers with a broad portfolio across wiring harnesses, modules, and other auto parts. The group focuses on strengthening its manufacturing footprint and operational resilience, including through long-term power arrangements that support cost-effective and sustainable energy usage for its facilities.
Average Trading Volume: 1,283,891
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1269.1B INR
For a thorough assessment of MOTHERSON stock, go to TipRanks’ Stock Analysis page.