NSEGeneral Updates4d ago · 30 Jul 2026, 05:42 pm
General Updates
Samvardhana Motherson International Limited · MOTHERSON
✦ AI SummaryRegulatory
Samvardhana Motherson International Limited has disclosed a penalty of Euro 65,000 (INR 7.08 million) imposed by the Department of Enterprise and Labour – Spain on its indirect wholly owned subsidiary SMRC Automotive Interiors Spain S.L.U. The penalty is related to temporary agency employment contracts entered into in 2025. The company has filed an appeal and does not expect a material impact on its financials or operations.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Samvardhana Motherson International Limited has submitted with the Stock Exchange a disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Attachments (1)
📄pdf
Download →
MOTHERSON_30072026174206_SE_Disclosure.pdf
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
July 30, 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, Maharashtra, India
Bandra (E)
MUMBAI – 400051, 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 SMRC Automotive Interiors Spain S.L.U, Spain 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
Sl. No. Particulars Details
1. Name of the Authority Department of Enterprise and Labour – Spain
(“Labour Department”)
2. Nature and details of the action(s) SMRC Automotive Interiors Spain S.L.U, Spain
taken or order(s) passed (“SMRC Spain”) is an indirect wholly owned
subsidiary of Samvardhana Motherson
International Limited (“the Company”).
Labour Department has imposed penalty
aggregating to Euro 65,000 (Euro Sixty-Five
Thousand only) equivalent to INR 7.08 million.
3. Date of receipt of direction or order, Penalty order is dated July 6, 2026, and received
including any ad-interim or interim by SMRC Spain on July 6, 2026.
orders, or any other communication
from the authority
4. Details of the The penalty notice, inter-alia, stated that during
violation(s)/contravention(s) 2025, SMRC Spain entered into temporary
committed or alleged to be agency employment contracts with temporary
committed employment agencies that did not correspond to
short-term but to structural needs.
5. Impact on financial, operation or SMRC Spain has filed an appeal with the Labour
other activities of the listed entity, Department, where such appeal is dismissed, it
quantifiable in monetary terms to is intended that a further appeal will be filed with
the extent possible the courts in Spain.
There is no material impact on the financials or
on operations or other activities of the company.
6. Explanation(s) for delay in The said order was subject to internal review and
disclosure assessment, including evaluation of the nature
and basis of the notice along with the potential
implications for the entity and preparation of the
appeal filed.