Samvardhana Motherson Completes Acquisition of Onega Solar
Filing Summary
Samvardhana Motherson International Limited has completed the acquisition of Onega Solar Private Limited through its wholly owned subsidiary, Motherson New Energy Limited. The transaction, finalized on December 24, 2025, involves acquiring 100% ownership of Onega Solar, a special purpose vehicle for a 15 MWp solar project in Uttar Pradesh. This acquisition aligns with the company’s sustainability goals and operational efficiencies. The completion of this acquisition was communicated to the BSE and NSE under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements.
Samvardhana Motherson International Limited has informed the exchange about the completion of its acquisition of Onega Solar Private Limited through its wholly owned subsidiary, Motherson New Energy Limited. The acquisition was finalized on December 24, 2025.
The transaction involves the acquisition of equity shares and compulsorily convertible debentures, resulting in 100% ownership of Onega Solar. Onega Solar is a special purpose vehicle established for the development of a 15 MWp Group Captive Solar Project located in Uttar Pradesh.
The acquisition supports Samvardhana Motherson’s broader sustainability objectives and aims to enhance long-term cost efficiencies and reduce the carbon footprint of its domestic operations. The completion of this transaction was communicated to the BSE and NSE under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Samvardhana Motherson International Limited focuses on providing innovative solutions in the automotive industry. The company prioritizes sustainability and operational efficiency in its strategic initiatives, aiming to enhance its global presence and technological capabilities.