Samvardhana Motherson Subsidiary Fined CNY 188,537

Samvardhana Motherson International Ltd announced that its indirect wholly owned subsidiary, SMP Automotive Interiors (Beijing) Co., Ltd, has been fined CNY 188,537 (approximately INR 26.58 Lakhs) by the Customs of Yizhuang Town, Daxing District, Beijing. The penalty was imposed due to an alleged wrongful declaration of delivery terms for goods, specifically declaring Free on Board (FOB) instead of Ex-works (EXW). The company stated that this penalty has no material impact on its financials or operations. The penalty order was dated June 5, 2026, and received on June 8, 2026.