ALFA Filings
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The company submitted a statement under Regulation 52(7) and 52(7A) confirming no deviation in the utilization of proceeds for its outstanding non-convertible debentures.
Samvardhana Motherson International confirmed non-applicability of asset cover disclosures for its unsecured NCDs. All outstanding debentures remain unsecured, satisfying SEBI listing regulation requirements.
Samvardhana Motherson's South Korean subsidiary, SMR Hyosang Automotive, entered a mediation agreement to settle sub-contracting disputes. The company will pay approximately ₹2.22 Crore (KRW 360 million) to its sub-contractor by April 27, 2026. Management states there is no material impact on financial or operational activities.