Samvardhana Motherson's Arm to Acquire Controlling Stake in Shenzhen Autocruis Technology for $22.6 Million

On June 17, 2026, Samvardhana Motherson International Limited (SAMIL) approved the acquisition of a controlling stake in Shenzhen Autocruis Technology Co., Ltd. through its subsidiary SMR Automotive (Langfang) Co., Ltd.  

This strategic acquisition is valued at CNY 153.3 million, equivalent to approximately $22.6 million, for a 64.76% equity stake, which is expected to increase to 67.78% following an equity buy-back by the target company. 

Details of the Acquisition 

The acquisition involves SMR Langfang, an indirect wholly owned subsidiary of SAMIL, subscribing to fresh equity in Shenzhen Autocruis Technology.  

The target company, based in China, specialises in automotive vision and camera-based systems, including Camera Monitoring Systems (CMS), Full Digital Mirror (FDM) systems, and Driver Monitoring Systems (DMS), among others.  

The transaction will expand SAMIL's product portfolio and enhance its technological capabilities in the automotive components sector. 

Regulatory Approvals and Timeline 

The transaction is subject to customary regulatory filings and approvals in China, including corporate and foreign investment registrations.  

The acquisition is expected to be completed by Q3 FY 2027, contingent upon the satisfaction of agreed conditions precedent.  

The acquisition is structured as a cash consideration, with SMR Langfang investing CNY 153.3 million for the initial 64.76% stake. 

Financial Details and Shareholding 

Shenzhen Autocruis Technology reported a turnover of CNY 46 million in FY 2025. The acquisition will see SMR Langfang holding 67.78% of the equity share capital post-buy-back.  

Other shareholders will retain a 32.22% stake, including founding shareholders and financial investors.  

A Shareholders Agreement has been executed, granting Motherson the right of first refusal and imposing a non-compete obligation on existing founders for 3 years. 

Read More: HCLTech Share Price Gains Over 3%; Acquires 10.46% Stake in Sarvam AI for ₹1,427 Crore! 

Background of Shenzhen Autocruis Technology 

Founded on April 28, 2016, Shenzhen Autocruis Technology operates in China with headquarters in Shenzhen, R&D facilities in Wuhan and Shenzhen, and a production unit near Ningbo.  

The company has demonstrated growth in turnover from CNY 25.5 million in FY 2023 to CNY 46 million in FY 2025, reflecting its expanding presence in the automotive components market. 

Samvardhana Motherson Share Price Performance 

As of June 17, 2026, at 12:50 PM, Samvardhana Motherson share price on NSE was trading at ₹143.45 down by 2.81% from the previous closing price. 

Conclusion 

Samvardhana Motherson International Limited's arm set to acquire a 67.78% stake in Shenzhen Autocruis Technology for CNY 153.3 million ($22.6 million) will mark a strategic expansion into automotive vision systems. The acquisition set to enhance SAMIL's product offerings and strengthens its position in the Chinese automotive market. 

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