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Samvardhana Motherson International LimitedUpdates, 27-04-2026: General Updates

27-04-2026 · 06:42 pm

Samvardhana Motherson International approved acquiring the remaining 51% in Nissin Advanced Coating Indo for ₹9.23 Cr, making it a 100% owned subsidiary. Nissin India (FY26 turnover ₹30.4 Cr, EBITDA ₹10.3 Cr) provides specialized thin film coating services. This strengthens SAMIL's capabilities.

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