Samvardhana Motherson International Limited (BSE:517334) entered into an agreement to acquire Rollon Hydraulics Private Limited for INR 1.03 billion on July 7, 2023.Rollon Hydraulics Pvt. Ltd. reported a Turnover of approximately INR 600 million and EBITDA of approximately INR 150 million in FY 2023. Transaction is expected to be closed in Q2 FY24.

Samvardhana Motherson International Limited (BSE:517334) Completed the acquisition of Rollon Hydraulics Private Limited on July 31, 2023. Vivek K Chandy, Ajay G Prasad, Megha Kumari, Ajay G Prasad, Saurya Bhattachary and Preetha S of J. Sagar Associates acted as the legal advisor to Samvardhana Motherson International Limited (BSE:517334).