Samvardhana Motherson International Ltd (SAMIL) will acquire a 50.1% stake in Rotary Connectors Pvt Ltd (RCPL), strengthening its aerospace and defence business, particularly in electrical wiring interconnect systems (EWIS).
Oct 6, 2026
Samvardhana Motherson International Ltd (SAMIL) has approved the acquisition of a 50.1% equity stake in Rotary Connectors Pvt Ltd (RCPL) through its wholly owned subsidiary, Samvardhana Motherson Adsys Tech Ltd (SMAST). The all-cash transaction values RCPL at an enterprise value of INR 500.4 crore, with the final equity value to be determined based on net cash as of March 31, 2026, subject to applicable adjustments.
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Following completion, SMAST will hold 50.1% of RCPL and will have the right to appoint a majority of its board, while RCPL’s existing promoters will retain the remaining 49.9% stake. RCPL will consequently become an indirect subsidiary of SAMIL.
Incorporated in 2005, RCPL manufactures military-grade circular connectors and interconnection solutions for applications including aerospace and defence.
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Motherson said the strategic partnership will support its plan to diversify and scale its aerospace and defence business, particularly in EWIS. The company’s existing aerospace and defence footprint, geographic reach and customer access are expected to support the growth of RCPL.
