Motherson expands portfolio with acquisitions, leadership appointments

Samvardhana Motherson International Limited (SAMIL) announced the acquisition of the business and assets of Rubbertec Group, an Australian entity specializing in rubber linings, mining hoses, and wear-related components. The asset purchase for AU$5 million expands SAMIL's footprint in the mining resources industry, with completion expected by Q3 FY 25-26. Additionally, SAMIL’s indirect subsidiary, Motherson Elastomers Pty Ltd, with 80% ownership by SAMIL, will execute this acquisition.

In parallel, SAMIL is making a strategic investment in Rider Dome Pte. Limited, a Singapore-based developer of advanced rider assistance systems (ARAS) for two-wheelers. Through its wholly-owned subsidiary MSSL (S) Pte Ltd, SAMIL will initially invest $0.5 million for a 10% equity stake, with further investments of $1.5 million planned over two years. This investment is expected to strengthen SAMIL's presence in the 2-wheeler segment.

Furthermore, the company announced key leadership changes. Kunal Malani will transition to president - group strategy & transformation, effective November 15, 2025. Gandharv Tongia has been appointed as the new chief financial officer (CFO) and key managerial personnel, designated as group CFO, also effective November 15, 2025. Separately, Hemant Barge has been appointed as chief procurement officer, effective October 29, 2025.