Samvardhana Motherson completes EV electronics JV with South Korea’s Egtronics, here’s why it mattersSamvardhana Motherson completes EV electronics JV with South Korea’s Egtronics, here’s why it matters

Introduction

Leading automotive solutions firm forms a joint venture with South Korea’s Egtronics to design and manufacture vehicle electronics, including inverters, chargers, and power distribution units.

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Share price movement of Samvardhana Motherson

On January 8, 2026, Samvardhana Motherson International Ltd opened at ₹118.30, down 0.84% from its previous close of ₹119.30. The stock reached a high of ₹118.85 (-0.38%) and a low of ₹117.40 (-1.59%). By 12:33 PM, it traded at ₹118.15, a -0.96% decrease, with a market cap of ₹1,24,696.42 crore.

Samvardhana Motherson Forms JV with Egtronics

Samvardhana Motherson International Limited completed the formation of a joint venture with South Korea’s Egtronics on January 7, 2026, following the fulfillment of all conditions precedent under the agreement.

The joint venture is named Motherson Egtronics Electronics Solutions Limited. It will design, develop, manufacture, and assemble vehicle electronics, including DC-DC converters, auxiliary inverters, traction inverters, on-board chargers, and power distribution units.

Post-transaction, Samvardhana Motherson holds 51% equity, while Egtronics holds 49%. The venture targets clean mobility vehicle electronics for automobile and other industrial applications in domestic and international markets.

Stock performance of Samvardhana Motherson for Period of 1 week, 6 months, and 1 year

Samvardhana Motherson International Ltd delivered a -2.59% return over the past week, 18.8% over the past six months, and 18.2% over the past one year.

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Shareholding pattern of Samvardhana Motherson

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	48.60%	48.60%	58.10%
FII	12.00%	12.60%	12.40%
DII	21.00%	20.70%	21.00%
Public	18.40%	18.10%	8.40%

About Samvardhana Motherson

Samvardhana Motherson International Ltd (NSE: MOTHERSON) manufactures and sells automotive components to original equipment manufacturers, serving the global automotive industry with a focus on quality and innovation.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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