2 weeks ago
Motherson Raises Shenzhen Autocruis Stake in CNY 3 Million Deal
A big car-parts company called Motherson wants to own more of another company in China called Shenzhen Autocruis.
Motherson already owns a lot of that company, about 67.78 percent.
Now it is buying a tiny bit more, just 0.15 percent.
It will pay about 3 million Chinese yuan, which is around 440,000 US dollars.
The deal was signed on August 17, 2026.
After the deal is finished, Motherson will own about 67.93 percent of the Chinese company.
A company called SMR Automotive Langfang, which belongs to Motherson, is doing the buying.
It is buying the shares from another company called RTVF Ventures.
This is like getting a few more pieces of a puzzle you already mostly own.
The deal still needs some final steps before it is complete.
Samvardhana Motherson International Limited signed an agreement to acquire an additional 0.15 percent stake in Shenzhen Autocruis Technology Co Ltd for CNY 3 million (about $440,000).
The deal will raise Motherson's indirect shareholding in the Chinese company from 67.78 percent to 67.93 percent on a fully diluted basis.
SMR Automotive (Langfang) Co Ltd, an indirect wholly owned subsidiary of Motherson, signed the share purchase agreement with RTVF Ventures Limited on August 17, 2026.
The transaction follows Motherson's June 17, 2026 announcement of acquiring a controlling stake, which involved subscribing to fresh shares worth CNY 153.3 million (about $22.6 million).
The transaction is subject to customary closing conditions, and Motherson did not disclose a timeline for completing the purchase.
- Who
- Samvardhana Motherson International Limited, through its indirect wholly owned subsidiary SMR Automotive (Langfang) Co Ltd, buying from existing shareholder RTVF Ventures Limited.
- What
- An agreement to acquire an additional 0.15 percent stake in Shenzhen Autocruis Technology Co Ltd for CNY 3 million (about $440,000), raising Motherson's indirect holding to 67.93 percent.
- Where
- China-based Shenzhen Autocruis Technology Co Ltd; the announcement was made from Mumbai and filed with Indian stock exchanges.
- When
- The share purchase agreement was signed on August 17, 2026; it follows Motherson's earlier controlling-stake announcement on June 17, 2026.
- Why
- To increase Motherson's indirect ownership in Shenzhen Autocruis, adding 0.15 percentage points to its fully diluted equity stake.
Key facts
- Buyer
- Samvardhana Motherson International Limited
- Buying subsidiary
- SMR Automotive (Langfang) Co Ltd
- Seller
- RTVF Ventures Limited
- Target company
- Shenzhen Autocruis Technology Co Ltd
- Consideration
- CNY 3 million (about $440,000)
- Stake increase
- 0.15 percentage points, from 67.78% to 67.93% (fully diluted)
- Agreement date
- August 17, 2026
- Earlier investment
- CNY 153.3 million (about $22.6 million) primary capital investment announced June 17, 2026
Sources
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