Samvardhana Motherson International Limited has announced the incorporation of a wholly owned subsidiary, Motherson Digital Technologies Limited (MDTL), on April 30, 2026. The company informed stock exchanges about this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Subsidiary Details and Structure
MDTL has been incorporated under the Companies Act, 2013 as a wholly owned subsidiary of Samvardhana Motherson International Limited. The new entity operates in the Information Technology sector and represents the company's strategic expansion into digital services.
Parameter: Details Incorporation Date: April 30, 2026 Industry: Information Technology Ownership Structure: Wholly owned subsidiary Authorized Share Capital: INR 1,000,000 Number of Shares: 1,00,000 equity shares Face Value per Share: INR 10
Business Scope and Operations
MDTL will engage in comprehensive technology services spanning multiple domains. The subsidiary's business activities will include:
Software development and technical support services
Web-based services including web housing, designing, and marketing
Internet training and comprehensive internet solutions
Integrated digital network services and VOIP network solutions
Multimedia, internet, and networking services across allied fields
Professional services in electronics and telecommunications
Corporate Structure and Compliance
The entire share capital of MDTL is held by Samvardhana Motherson International Limited along with its six nominees. As a newly incorporated entity, MDTL does not have any existing turnover, and the incorporation does not fall under related party transactions.
Compliance Aspect: Status Related Party Transaction: No Regulatory Approvals Required: Not applicable Completion Status: Completed on incorporation date Consideration Type: New incorporation
Strategic Implications
The incorporation of MDTL represents Samvardhana Motherson International's expansion into the digital technology space, complementing its existing business operations. The subsidiary will operate as an integrated service provider in electronics and telecommunications, positioning the company to capitalize on growing digital transformation opportunities.
The establishment of this wholly owned subsidiary allows the parent company to maintain complete control over its digital technology initiatives while creating a dedicated entity focused on IT services and solutions. This strategic move aligns with the company's broader diversification efforts in the technology sector.
Samvardhana motherson international Limited has successfully completed its acquisition of a 51% equity stake in Nissin Advanced Coating Indo Co. Private Limited on April 30, 2026. The transaction, which was initially disclosed on April 27, 2026, involved acquiring the stake from Nissin Electric Co. Ltd, Japan.
Transaction Completion Details
The acquisition was finalized after the completion of all conditions precedent. Following the transaction's completion, Nissin Advanced Coating Indo Co. Private Limited has become an indirect wholly owned subsidiary of Samvardhana Motherson International Limited.
Parameter: Details Acquisition Date: April 30, 2026 Stake Acquired: 51% equity stake Target Company: Nissin Advanced Coating Indo Co. Private Limited Seller: Nissin Electric Co. Ltd, Japan Post-Transaction Status: Indirect wholly owned subsidiary
Regulatory Compliance
The company has fulfilled its disclosure obligations by informing the National Stock Exchange of India Limited and BSE Limited about the completion of the acquisition. This notification was made pursuant to Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Corporate Structure Impact
With the completion of this acquisition, Samvardhana Motherson International Limited has expanded its subsidiary network. The transaction transforms Nissin Advanced Coating Indo Co. Private Limited from a joint venture arrangement to a fully controlled subsidiary within the Motherson group structure.
The acquisition represents a strategic move by Motherson to strengthen its presence in the advanced coating technology sector through its newly acquired subsidiary.
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