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. This acquisition, 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. The transaction aligns with Samvardhana Motherson’s sustainability objectives. Following the acquisition, Onega Solar becomes an indirect subsidiary of Samvardhana Motherson. The company disclosed this information 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 acquiring 100% ownership of Onega Solar, which includes equity shares and compulsorily convertible debentures. Onega Solar is a special purpose vehicle established for the development of a 15 MWp Group Captive Solar Project located in the state of Uttar Pradesh.
Following the completion of the acquisition, Onega Solar has become an indirect subsidiary of Samvardhana Motherson. This transaction supports the company’s broader sustainability goals and is expected to contribute to long-term cost efficiencies and a reduced carbon footprint across its domestic operations.
The disclosure was made pursuant to 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 efficiency in its operations, aligning its strategic moves with global environmental standards.