The board of Samvardhana Motherson International (SAMIL) at its meeting held on 27 April 2026, inter-alia, considered and approved acquisition through its 100% step down subsidiary namely MSSL Global RSA Module Engineering (MSSL RSA) of 49% of equity share capital of Vacuform 2000 Proprietary (Vacuform) from the initial promoters of Vacuform, subject to satisfactory completion of conditions precedent.
Post completion of afore-mentioned acquisition, SAMIL will hold 100% of equity share capital of Vacuform via its wholly owned subsidiaries namely MSSL RSA and Motherson Global Investments B.V., Netherland in the ratio of 49% and 51%, respectively. Thereafter, Vacuform will become an indirect wholly owned subsidiary of SAMIL.
Vacuform is inter-alia engaged into the business of manufacturing of Vacuum forming and Blow Moulded parts for automotive customers and has presence in South Africa.
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First Published: Apr 27 2026 | 7:50 PM IST
