Samvardhana Motherson acquires 51% stake in Nissin India
after close1 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 an indirect wholly owned subsidiary. This strategic move enhances Samvardhana's capabilities in advanced coating technologies.
The acquisition reflects Samvardhana's commitment to expanding its portfolio and market presence, potentially impacting investor sentiment positively.
Not investment advice. For informational purposes only.