Motherson International delays HRDPL acquisition completion to Q4 FY26
Samvardhana Motherson International Limited (SAMIL) has updated the market regarding its previously announced acquisition of a 28.15% stake in HR Dhauliganga Private Limited (HRDPL). The company, along with its subsidiaries, had planned to acquire the stake in HRDPL, a special purpose vehicle established by Hinduja Renewables Energy Private Limited, to comply with regulatory requirements for captive power generation and consumption under Electricity Laws.
Initially, the expected closing of the transaction was set for Q3 FY26. However, due to ongoing completion of condition precedents, the transaction is now anticipated to finalize during the fourth quarter of Financial Year 2025-26. This update follows prior disclosures made on June 19, 2025, and September 26, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Samvardhana Motherson International publishes news
Free account required • Unsubscribe anytime