NSEGeneral Updates6d ago · 13 Sept 2026, 08:04 am
General Updates
Samvardhana Motherson International Limited · MOTHERSON
✦ AI Summary▼ NegativeRegulatory
Samvardhana Motherson International Limited has submitted a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding a penalty imposed by the State of Michigan, Department of Treasury, USA, on its indirect wholly owned subsidiary SMR Automotive Systems USA Inc. The penalty is for USD 48,432, equivalent to INR 46,29,936.95, for short payment of tax for the periods April 1, 2022 to March 31, 2024.
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Growth Catalyst1/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment2/10
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Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Samvardhana Motherson International Limited
Head Office: C-14 A & B, Sector 1, Noida – 201301 Distt. Gautam Budh Nagar, U.P. India
Tel: +91-120-6752100, 6752278, Fax: +91-120-2521866, 2521966, Website: www.motherson.com
September 13, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers,
Plot No. C/1, G-Block, Dalal Street,
Bandra-Kurla Complex, Mumbai – 400001,
Bandra (E), Mumbai – 400051, Maharashtra, India
Maharashtra, India
Symbol : MOTHERSON Scrip Code : 517334
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Dear Sir / Madam,
The details as required under Regulation 30 of SEBI Listing Regulations in respect of an order
received by SMR Automotive Systems USA Inc., USA, an indirect wholly owned subsidiary of the
Company are enclosed herewith as Annexure- I.
This is for your information and record.
Thanking you,
Yours truly,
For Samvardhana Motherson International Limited
Alok Goel
Company Secretary
Regd Office:
Unit – 705, C Wing, ONE BKC, G Block
Bandra Kurla Complex, Bandra East
Mumbai – 400051, Maharashtra (India)
Tel: 022-61354800, Fax: 022-61354801
CIN No.: L35106MH1986PLC284510
Email: investorrelations@motherson.com
Annexure- I
S. No. Particulars Details
1. Name of the Authority State of Michigan, Department of Treasury, USA
2. Nature and details of the action(s) taken SMR Automotive Systems USA Inc., USA (“SMR
or order(s) passed USA”) is an indirect wholly owned subsidiary of
Samvardhana Motherson International Limited
(“the Company”).
The State of Michigan, Department of Treasury,
USA has imposed a penalty aggregating to USD
48,432 (US Dollar Forty Eight Thousand Four
Hundred Thirty Two only), equivalent to INR
46,29,936.95 (Indian Rupees Forty Six Lakh
Twenty Nine Thousand Nine Hundred Thirty Six
and Paise Ninety Five only), pursuant to
conclusion of the Corporate Income Tax audit for
the periods April 1, 2022 to March 31, 2024.
3. Date of receipt of direction or order, The outcome of the Corporate Income Tax audit
including any ad-interim or interim orders, was received and agreed by SMR USA on
or any other communication from the September 11, 2026.
authority
4. Details of the violation(s)/contravention(s) The penalty has been imposed pursuant to the
committed or alleged to be committed Corporate Income Tax audit carried out by the
State of Michigan, USA for the periods April 1,
2022 to March 31, 2024.
The short payment of tax has led to levy of
penalty of USD 48,432 (US Dollar Forty Eight
Thousand Four Hundred Thirty Two only) on
SMR USA.
5. Impact on financial, operation or other SMR USA based on the audit findings on
activities of the listed entity, quantifiable in September 11, 2026 has made the payment of
monetary terms to the extent possible the aforesaid amount to the State of Michigan,
Department of Treasury.
There is no material impact on the financials or
on operations or other activities of the Company.
6. Explanation(s) for delay in disclosure Not Applicable.