NSEUpdates4d ago · 27 Oct 2026, 07:33 pm

Updates

Samvardhana Motherson International Limited · MOTHERSON

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Samvardhana Motherson International Limited has received a 'Notice of Penalty Rescission' from the New York State Workers' Compensation Board, revoking a penalty of USD 19,500 imposed on its subsidiary Motherson Technology Services USA Limited.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10

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Full Announcement

Samvardhana Motherson International Limited has voluntarily submitted a disclosure on receipt of rescission notice on penalty, initially disclosed on October 14, 2026.

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MOTHERSON_27102026192626_SE_Disclosure_Penalty_Reversal_27102026.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 27, 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: Update on penalty notice received by Motherson Technology Services USA Limited Dear Sir / Madam, This is with reference to the intimation submitted by Samvardhana Motherson International Limited (“Company”) dated October 14, 2026, thereby, inter-alia, informing about the notice of penalty of USD 19,500 issued by the New York State Workers’ Compensation Board, Bureau of Compliance, USA (“NYS WCB”) to Motherson Technology Services USA Limited (“MSID USA”), an indirect wholly owned subsidiary of the Company. In this regard, upon submission of the appeal with NYS WCB, MSID USA has received a “Notice of Penalty Rescission” and accordingly notice of aforesaid penalty of USD 19,500 stands revoked and ineffective. Kindly note the above is an update on previous penalty imposed on MSID USA and submitted for your information and records. 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