Samvardhana Motherson International Legal & Regulatory
Motherson paid a ₹0.36 Crore FEMA compounding fee to RBI for unregistered 2007 bonus shares held by foreign shareholders. No material financial or operational impact.
- Value
- ₹0.36 Cr
ALFA Filings
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Motherson paid a ₹0.36 Crore FEMA compounding fee to RBI for unregistered 2007 bonus shares held by foreign shareholders. No material financial or operational impact.
Samvardhana Motherson's US subsidiary received a Notice of Penalty Rescission, revoking a USD 19,500 penalty from the New York State Workers' Compensation Board after its appeal. The company is updating its 14 October 2026 disclosure.
Samvardhana Motherson's US subsidiary received a regulatory penalty notice of ₹0.19 Crore from NYS WCB. The company plans to appeal the penalty as it denies the violation.
Motherson's Indonesian subsidiary received a ₹8.13 Crore tax penalty for FY 2021 royalty and SAP license disallowance. No material financial or operational impact on the Company.
The Michigan Department of Treasury imposed a Rs. 0.46 Crore tax penalty on the company's subsidiary, SMR Automotive Systems USA, following an income tax audit.
Motherson Lumen North America, a subsidiary, received an erroneous USD 225,000 (₹2.15 Crore) IRS penalty. The company is appealing for complete abatement of this demand.
Samvardhana Motherson's Spanish subsidiary faces a penalty of Rs. 0.71 Crore imposed by the local Labour Department. The company is appealing the order.