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