Samvardhana Motherson’s subsidiary acquires majority stake in Rotary Connectors for ₹500 crore

Auto components major Samvardhana Motherson International (SAMIL) on Monday said its subsidiary Samvardhana Motherson Adsys Tech (SMAST) will acquire a 50.1 per cent equity stake in Rotary Connectors (RCPL) at an enterprise value of ₹500.4 crore.

The transaction is expected to be completed by the end of the current financial year, the company said in a stock-exchange filing.

“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,” it said.

The strategic partnership supports Motherson Group’s vision of diversifying and scaling its Aerospace and Defence business vertical, particularly in the field of Electrical Wiring Interconnect System (EWIS), it said. Rotary manufactures military-grade circular connectors and interconnection solutions having diversified applications.

“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,” the company added.

RCPL had a turnover of ₹123.5 crore in FY26 and three manufacturing facilities in Bengaluru.

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