2 hrs ago
Motherson Subsidiary to Acquire Majority Stake in Rotary Connectors
A company linked to Samvardhana Motherson plans to buy most of Rotary Connectors.
It will acquire 50.1% of the company.
The deal gives Rotary Connectors an enterprise value of ₹500.4 crore.
The transaction is expected to finish by the end of the current financial year.
Rotary Connectors makes special connectors used in military applications.
Its promoters will continue to own 49.9% of the company.
Samvardhana Motherson wants to grow its aerospace and defence business.
Rotary Connectors had revenue of ₹123.5 crore in FY26 and has three factories in Bengaluru.
Samvardhana Motherson Adsys Tech will acquire a 50.1% stake in Rotary Connectors.
The transaction values Rotary Connectors at an enterprise value of ₹500.4 crore.
The deal is expected to be completed by the end of the current financial year.
Rotary Connectors’ promoters will retain the remaining 49.9% equity stake.
Rotary manufactures military-grade circular connectors and operates three facilities in Bengaluru.
- Who
- Samvardhana Motherson Adsys Tech, a subsidiary of Samvardhana Motherson International, and Rotary Connectors.
- What
- Samvardhana Motherson Adsys Tech plans to acquire a 50.1% equity stake in Rotary Connectors at an enterprise value of ₹500.4 crore.
- Where
- Rotary Connectors has three manufacturing facilities in Bengaluru.
- When
- The transaction was announced on September 21, 2026, and is expected to be completed by the end of the current financial year.
- Why
- The partnership is intended to diversify and scale Motherson Group’s aerospace and defence business, particularly in Electrical Wiring Interconnect Systems.
Key facts
- Acquiring company
- Samvardhana Motherson Adsys Tech
- Parent company
- Samvardhana Motherson International
- Stake to be acquired
- 50.1% equity stake
- Enterprise value
- ₹500.4 crore
- Promoters’ retained stake
- 49.9%
- Rotary Connectors FY26 turnover
- ₹123.5 crore
- Manufacturing footprint
- Three facilities in Bengaluru
Quotes
Samvardhana Motherson International
The parent company making the acquisition disclosure
“Further, Motherson’s established footprint in Aerospace and Defence, along with its geographic reach and customer access, can potentially be leveraged to accelerate the growth of the target’s business”
thehindubusinessline.com
“Post the completion of the afore-mentioned transaction... RCPL will become an indirect subsidiary of SAMIL. The promoters of RCPL will continue to hold 49.9 per cent equity stake in RCPL”
thehindubusinessline.com
Sources
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