NSEGeneral Updates9h ago · 14 Oct 2026, 06:12 pm

General Updates

Samvardhana Motherson International Limited · MOTHERSON

✦ AI SummaryRegulatory

Samvardhana Motherson International Limited has received a penalty notice from the New York State Workers' Compensation Board for USD 19,500, equivalent to INR 18,67,106, for not providing workers' compensation insurance coverage for its employees from December 4, 2024, to January 3, 2026. The company's subsidiary, Motherson Technology Services USA Limited, will file an appeal.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

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

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MOTHERSON_14102026181141_Disclosure_MSID_USA.pdf

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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 October 14, 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 penalty notice received by Motherson Technology Services USA Limited, an indirect wholly owned subsidiary of Samvardhana Motherson International Limited, are enclosed herewith as Annexure- I. This is for your information and record. 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 New York State Workers’ Compensation Board, Bureau of Compliance, USA (“NYS WCB”). 2. Nature and details of the NYS WCB has issued a notice of penalty (the action(s) taken or order(s) “Notice”) to Motherson Technology Services passed USA Limited (“MSID USA”) amounting USD 19,500 (Unites States Dollar Nineteen thousand five hundred) equivalent to INR 18,67,106 (approx.) (Rupees Eighteen Lakh Sixty-Seven Thousand One Hundred Six only). MSID USA is an indirect wholly owned subsidiary of Samvardhana Motherson International Limited (the “Company”). 3. Date of receipt of direction or Notice was received by MSID USA on October order, including any ad-interim or 12, 2026 at 1223 Hours EDT / 2153 Hours IST. interim orders, or any other MSID USA has informed the Company on communication from the October 13, 2026 at 1855 Hours (IST). authority 4. Details of the violation(s) / NYS WCB has notified that MSID USA was contravention(s) committed or required to provide workers’ compensation alleged to be committed insurance coverage for its employees from December 4, 2024, to January 3, 2026. MSID USA will file an appeal with NYS WCB as it had no employees in New York during the aforementioned period. 5. Impact on financial, operation or There is no material impact on the financials, other activities of the listed entity, operations or other activities of the Company. quantifiable in monetary terms to the extent possible 6. Explanation(s) for delay in Not Applicable disclosure