Samvardhana Motherson acquires 51% stake in Nissin India
pre-market1 source ↓written by the desknot a recommendation
- in Nissin Advanced
- 51% equity stake acquisition
- Limited
- 30 April 2026
Samvardhana Motherson International Limited has completed its 51% equity stake acquisition in Nissin Advanced Coating Indo Co. Private Limited as of 30 April 2026. The stake was acquired from Nissin Electric Co. Ltd, Japan, making Nissin Advanced an indirect wholly owned subsidiary.
This acquisition enhances Samvardhana Motherson's portfolio in the coatings sector, potentially boosting its market position and operational capabilities.
Not investment advice. For informational purposes only.