As on :
21-Sep-26 11:23
Samvardhana Motherson International Limited announced that its wholly-owned subsidiary, Samvardhana Motherson Adsys Tech Limited, will acquire a 50.1% equity stake in Rotary Connectors Private Limited from existing shareholders for an enterprise value of Rs 5,004 million, with the deal expected to close by the fourth quarter of fiscal year 2026-2027. Rotary Connectors Private Limited, incorporated on December 8, 2005, reported a turnover of Rs 1,235 million for the fiscal year 2025-26 and is engaged in the manufacturing of military-grade circular connectors and interconnection solutions, primarily for the aerospace and defense sector.
