ALPHA TRIBE

Samvardhana Motherson International LimitedImportant, 05-06-2025: General Updates

05-06-2025 | 11:57 am

Samvardhana Motherson’s indirect subsidiary, SMR Automotive Brasil Ltda., has been fined USD 60,000 (₹51.5 lakh) for invoice recording errors during an ERP system change. This penalty is not expected to impact the company’s financials or operations.

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