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.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment2/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Attachments (1)

📄

MOTHERSON_13092026080411_Stock_Exchange_Disclsoure_SMR_USA_13092026.pdf

pdf

Download →
View document text
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.