Regulatory/Compliance Filing
Samvardhana Motherson: Subsidiary Michigan penalty
Samvardhana Motherson disclosed SMR Automotive Systems USA (indirect subsidiary) paid a USD 48,432 tax penalty (≈ INR 46.30 lakh) to the State of Michigan following a corporate tax audit for Apr 1, 2022–Mar 31, 2024; received Sep 11, 2026; no material impact.





