Samvardhana Motherson International has completed the acquisition of an additional 20% stake in Youngshin Motherson Auto Tech Limited (YMAT) from Youngshin Components Co. Ltd., South Korea. The acquisition, initially disclosed on August 29, 2025, was finalized on October 09, 2025, after fulfilling precedent conditions. As a result, YMAT has now become a wholly-owned subsidiary of Samvardhana Motherson International.
YMAT Now Wholly Owned
Samvardhana Motherson International announced the completion of its acquisition of Youngshin Motherson Auto Tech Limited (YMAT). This move reinforces the company’s position in the automotive technology sector.
Acquisition Details
The company finalized the acquisition of an additional 20% stake in YMAT, making it a 100% owned subsidiary. The initial disclosure regarding this acquisition was made on August 29, 2025. The transaction concluded on October 09, 2025, after the completion of all necessary precedent conditions. YMAT is based in South Korea and specializes in automotive technology.
Source: BSE
