Samvardhana Motherson AES India Stake Sale Agreed

On August 10, the Samvardhana Motherson AES India stake sale was announced after Samvardhana Motherson International said its wholly owned subsidiary, Samvardhana Motherson Innovative Solutions (SMISL), agreed to sell its entire 26% stake in AES (India) Engineering Limited to joint venture partner T-Net Japan. AES India was established in 2005 as a joint venture between SMISL and T-Net and provides automotive-related engineering, consulting and related services. The partners have decided to pursue independent business strategies, while Motherson stated that the transaction is non-material because of AES India’s small scale relative to its overall portfolio. The sale consideration is INR 686.4 million for SMISL’s equity shares, with completion expected in Q3 FY 2026–27, ending December, subject to completion of conditions precedent.
AES India Stake Sale Transaction Details

Transaction Detail	Information
Seller	Samvardhana Motherson Innovative Solutions (SMISL)
Stake Sold	26%
Buyer	T-Net Japan
Sale Consideration	INR 686.4 million
Expected Closing	Q3 FY 2026–27, ending December

Frequently Asked Questions

What is the Samvardhana Motherson AES India stake sale?
The Samvardhana Motherson AES India stake sale involves Samvardhana Motherson Innovative Solutions selling its entire 26% equity stake in AES (India) Engineering Limited to T-Net Japan. AES India was established in 2005 as a joint venture between SMISL and T-Net and operates in automotive-related engineering, consulting and related services. The agreed sale consideration is INR 686.4 million for SMISL’s equity shares. The transaction is expected to close in Q3 FY 2026–27, ending December, subject to completion of conditions precedent, while both partners pursue independent business strategies.