BSE Auto Sector Regulatory Filings — August 18, 2026

18-08-2026

Samvardhana Motherson International Limited (MOTHERSON) informed exchanges that the National Company Law Tribunal (NCLT), Mumbai Bench-III, has approved the reduction of share capital of its subsidiary, Motherson Technology Services Limited (MTSL), by 7.04%. The reduction involves cancelling 78,58,602 equity shares held by minority shareholders at ₹42.66 per share (₹10 face value + ₹32.66 premium), totaling ₹33,52,47,961.32, making MTSL a wholly owned subsidiary of its parent entity. The order was received on August 17, 2026, and the reduction is aimed at streamlining the group structure and providing an exit to minority shareholders whose shares became illiquid after MTSL's voluntary delisting in FY2008-09.

• · The NCLT order was pronounced on August 13, 2026, and received by the company on August 17, 2026.
• · The reduction was approved by MTSL's Board on August 28, 2025, and by shareholders via a Special Resolution on September 29, 2025.
• · The fair value per share for the reduction was determined by an IBBI-registered valuer at ₹42.66 as on June 30, 2025.
• · MTSL's equity shares were voluntarily delisted from the Delhi Stock Exchange in FY2008-09, leaving minority shareholders with illiquid holdings.
• · MTSL's total equity as on March 31, 2025 was ₹2,281.5 million, with total assets of ₹6,342.8 million.
• · The reduction is being carried out under Section 66 and Section 52 of the Companies Act, 2013.

18-08-2026

Royal Enfield (Eicher Motors) launched the Classic 350 Gorkha Edition in India, a limited-edition motorcycle paying tribute to the Gorkha Regiment. Priced at ₹2,10,684 (ex-showroom, New Delhi), the bike features a Gorkha Green colourway, crossed Khukris insignia, Assist & Slipper Clutch, and a USB-C fast charging port, with bookings opening from the announcement date. The launch is accompanied by an exclusive Gorkha Collection of apparel and accessories.

18-08-2026

Balkrishna Industries Limited's Finance Committee approved the issuance and allotment of up to 55,000 rated, listed, senior, unsecured, redeemable, non-cumulative, non-convertible debentures (NCDs) of face value ₹1,00,000 each, aggregating up to ₹550 crore, on a private placement basis. The NCDs will be listed on BSE Limited and are within the company's existing borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Key terms such as coupon rate, tenure, and redemption schedule will be disclosed at the time of allotment.

• · The Finance Committee meeting was held on 18th August 2026, commencing at 4:00 p.m. and concluding at 4:30 p.m.
• · The Board of Directors had delegated powers to the Finance Committee for the NCD issue at its meeting on 29th July 2026.
• · The NCDs are rated, listed, senior, unsecured, redeemable, non-cumulative, and non-convertible.
• · The issue will be made in multiple tranches on a private placement basis.
• · No charge or security is created over the assets for these debentures.
• · No special rights, interest, or privileges are attached to the debentures.
• · There is no delay or default in payment of interest/principal reported.

18-08-2026

Exide Industries Limited has invested ₹1,999,999,995 (₹199.99 crore) in its wholly owned subsidiary Exide Energy Solutions Limited (EESL) to fund a greenfield lithium-ion cell manufacturing facility in Bengaluru. Total investment in EESL now stands at ₹5,102.23 crore. However, EESL reported a loss after tax of ₹248.16 crore for FY2025-26 despite a turnover of ₹157.56 crore, and its turnover declined sharply from ₹239.14 crore in FY2023-24 to ₹157.56 crore in FY2025-26.

• · EESL was incorporated on 24 March 2022 and is a wholly owned subsidiary of Exide Industries.
• · The equity shares were allotted at ₹10 each with a premium of ₹25 per share on rights basis.
• · No change in shareholding percentage (100%) after the investment.
• · The transaction is classified as a related party transaction but done at arm's length.
• · No governmental or regulatory approvals were required for the acquisition.
• · EESL's net worth as on 31 March 2026 was ₹3,991.06 crore, while paid-up equity capital was ₹1,589.93 crore.

18-08-2026

Mahindra & Mahindra Limited has informed the exchanges about a Non-Deal Roadshow scheduled for August 21, 2026, in Singapore, from 9:30 a.m. to 3:50 p.m. (SST), conducted in physical one-on-one mode. The company clarified that no unpublished price-sensitive information will be shared during the event.

• · The roadshow is scheduled for August 21, 2026, in Singapore.
• · The meeting will be held physically in one-on-one format.
• · No unpublished price-sensitive information is proposed to be shared.

18-08-2026

Tata Motors reported a strong Q1 FY27 with standalone revenue up 23% YoY to ₹19,300 crore and PBT up 26% to ₹2,100 crore, driven by broad-based volume growth of 26% to ~108,700 units. However, EBITDA margin contracted 60 bps to 11.7% due to commodity inflation, and consolidated EBITDA margin fell 90 bps to 10.9%. Free cash flow swung sharply positive to ₹1,100 crore from negative ₹1,796 crore a year ago, aided by efficient working capital. The Iveco transaction is in final regulatory stages, and Freight Tiger became a subsidiary after an additional 18.1% stake acquisition for ₹96 crore.

• · ILMCV VAHAN share saw a slight drop due to supply chain challenges, especially in the Western Zone.
• · Fleet utilization in Q1 FY27 remained slightly below Q1 FY26, though management does not see it as a concern given high volumes sold in H2 FY26.
• · Supply chain constraints are emerging in sheet metal, casting, and forgings due to broad-based auto demand; debottlenecking actions are underway.
• · A price increase was taken on July 1, 2026 to manage ongoing commodity inflation.
• · The Iveco Tender Offer is expected to launch in early September 2026 and close by early November 2026, pending final regulatory approval by end of August 2026.
• · Freight Tiger became a subsidiary after Tata Motors increased its stake to ~63.6% via an additional 18.1% acquisition for ₹96 crore in May 2026.
• · Cash tax outflow was ₹500 crore in Q1 FY27 vs ₹20 crore in Q1 FY26, now a recurring item.
• · Consolidated PBT before exceptional items surged 81% YoY to ₹3,000 crore, partly due to a mark-to-market adjustment on Tata Capital investments.
• · Auto ROCE on a trailing twelve-month basis stood at 68%, down from 72% for FY26.

18-08-2026

Bajaj Auto Limited (BSE: 532977) has received a disclosure from Life Insurance Corporation of India (LIC) under Regulation 29(1) of SEBI (SAST) Regulations, 2011. The filing does not reveal the transaction details, direction (acquisition/disposal), volume, value, or changes in promoter or public shareholding. The event is a routine regulatory disclosure of a substantial shareholding change by a major institutional investor (LIC), not promoter-related activity. Only limited information is available; no quantitative data on transaction size, share counts, or holding percentages is disclosed.