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Samvardhana Motherson International LimitedImportant, 15-04-2025: General Updates

15-04-2025 · 11:14 pm

Motherson Auto Solutions Limited (MASL), a wholly-owned subsidiary of Samvardhana Motherson International Limited, has received a penalty order from the Assistant Commissioner in Chengalpattu, Tamil Nadu, totaling INR 15.83 lakh concerning input tax credit eligibility for FY 2019-20. Despite this development, the company indicates that it anticipates no material impact on its financials or operations. MASL is considering an appeal against the order. Investors should watch closely as the situation evolves, but the current outlook remains stable with no immediate operational disturbance.

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