GENERAL21 Sept 2026
Samvardhana Motherson's arm gets nod to acquire 50.1% in Rotary for ₹500 cr
Samvardhana Motherson International's board has approved buying 50.1% of Rotary Connectors for ₹500.4 crore in cash. The deal runs through its subsidiary, Samvardhana Motherson Adsys Tech. Rotary makes military-grade connectors for aerospace and defence, expanding Motherson's defence vertical. Rotary's promoters keep 49.9%. The deal should close by the end of the financial year 2026-27. You need not act now.
Key Statutory Highlights
- Samvardhana Motherson International's board approved an all-cash purchase of a 50.1 per cent stake in Rotary Connectors Pvt Ltd at an enterprise value of Rs 500.4 crore.
- After the deal, Rotary Connectors will become an indirect subsidiary of Samvardhana Motherson International, while Rotary's promoters continue to hold 49.9 per cent.
- Rotary Connectors makes military-grade circular connectors for aerospace and defence, and the transaction is expected to be completed by the end of financial year 2026-27.
Actionable Advice for Taxpayers / Founders:If you hold shares in Samvardhana Motherson International, keep an eye on the company's future regulatory filings for completion of this deal. This is a company announcement, so please treat it as general information and speak to your own CA before taking any investment or tax decision.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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