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NSE Sep 04, 2025 15:31 PM
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ICICI Securities Limited
Samvardhana Motherson (SAMIL) has entered into an agreement with Honda Motors to acquire 81% stake in Yachiyo Industry's 4W component business (Honda group currently owns 51% stake in it and is a publicly listed entity) for an equity consideration of Euro145mn, with the entity being net cash.
Promoters pledged 0.48% of shares in last quarter. Total pledge stands at 2.90% of promoter holdings
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