NSEGeneral Updates18h ago · 19 Aug 2026, 11:21 pm

General Updates

Samvardhana Motherson International Limited · MOTHERSON

✦ AI SummaryRegulatory

Samvardhana Motherson International Limited has received a penalty of USD 225,000 (INR 21.53 million) from the US Internal Revenue Service (IRS) for alleged non-reporting of financial transactions between related foreign parties for the financial year 2024. The company's US subsidiary, Motherson Lumen North America Inc., has stated that the penalty was issued in error and will file an appeal with the IRS.

Analysis Scores

Earnings Impact1/10
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.

0/500

Full Announcement

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

Attachments (1)

📄

MOTHERSON_19082026232052_STX_Disclosure_MLNA.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 August 19, 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 Motherson Lumen North America 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 Sl. No. Particulars Details 1. Name of the Authority Department of Treasury – Internal Revenue Service – USA “IRS”) 2. Nature and details of the action(s) Motherson Lumen North America Inc., USA taken or order(s) passed ("MLNA”) is an indirect wholly owned subsidiary of Samvardhana Motherson International Limited (“the Company”). IRS – USA has imposed penalty of USD 225,000 (US Dollar Two Hundred Twenty Five Thousand only), equivalent to INR 21.53 million. 3. Date of receipt of direction or order, Penalty order dated August 10, 2026, was including any ad-interim or interim received by MLNA on August 18, 2026. orders, or any other communication from the authority 4. Details of the The penalty received by MLNA from IRS was violation(s)/contravention(s) related to alleged non reporting financial committed or alleged to be committed transactions between related foreign parties (IRS Form 5472) for financial year 2024. MLNA have followed a June 30 as financial year for U.S. tax reporting and subsequently changed its U.S. tax year-end to March 31, which was approved by the IRS. While, IRS approved the year-end change, its systems were not updated. As a result, an automated penalty notice was generated. MLNA has stated that aforesaid penalty has been issued in error. MLNA had addressed the above matter with IRS and previously received compliance confirmation. MLNA will file an appeal with IRS against issue of erroneous penalty order and complete abatement thereof. 5. Impact on financial, operation or MLNA will file an appeal with IRS for complete other activities of the listed entity, abatement of penalty order, as the inadvertent quantifiable in monetary terms to the order has been generated. extent possible There is no material impact on the financials or on operations or other activities of the company. 6. Explanation(s) for delay in disclosure N.A.