Motherson acquisition of HRDPL stake delayed to Q3 FY26

Samvardhana Motherson International Limited (SAMIL) announced on September 26, 2025, an update regarding its previously disclosed acquisition of a 28.15% stake in HR Dhauliganga Private Limited (HRDPL). The transaction, initially expected to close by Q2 FY26, is now anticipated to be completed during the third quarter of Financial Year 2025-26.

This delay is attributed to the ongoing completion of condition precedents necessary for the transaction. The acquisition is part of SAMIL's and its subsidiaries' plan to enter into Power Delivery Agreements with HRDPL and comply with regulatory requirements for captive power generation and consumption under Electricity Laws.

HRDPL is a special purpose vehicle established by Hinduja Renewables Energy Private Limited. The update was submitted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015.