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Samvardhana Motherson International legal & regulatory announcements

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19:47 IST BSE
Legal & RegulatorySamvardhana Motherson International Ltd MOTHERSON

Samvardhana Motherson International Legal & Regulatory

Samvardhana Motherson's US subsidiary, Motherson SAS, received a $28,518 (₹0.27 Crore) tax penalty from California's Franchise Tax Board. The penalty relates to sales classification in tax returns for the year ended March 31, 2025. Management states there is no material impact on the company's financials or operations.

Value
₹0.27 Cr