Samvardhana Motherson International Limited has submitted with the exchange an intimation under Regulation 30 of SEBI Listing Regulations.
MOTHERSON · price
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Awaiting price reaction for this filing.
Samvardhana Motherson International Limited disclosed that its indirect wholly-owned subsidiary, MSSL Global RSA Module Engineering Limited (MSSL RSA), received a Finalisation of Audit letter from the South African Revenue Services (SARS) on September 25, 2025. The penalty relates to an adjustment made during Corporate Tax proceedings for the Tax Period 2023. The penalty amount is ZAR 215,152, equivalent to approximately INR 1.095 Million (around ₹10.95 lakhs). The company stated there is no material impact on the financials, operations, or other activities of MSSL RSA or the parent company. Motherson is evaluating the option to file an appeal before the SARS authority within the statutory timeline.
The penalty is very small (under ₹11 lakhs) and the company has confirmed no material impact on financials or operations. Shareholders are unlikely to see any meaningful effect on the stock price, though the appeal outcome will be tracked.