Samvardhana Motherson International Limited has announced the dissolution of its indirect wholly owned subsidiary, Samvardhana Motherson Reflectec Group Holdings Limited (SMR-Jersey), by the Commercial Register effective April 10, 2026. The dissolution was undertaken as part of the company's initiative to simplify its group holding structure.

Subsidiary Details and Financial Impact

SMR-Jersey was held by Samvardhana Motherson International Limited through Motherson Global Investments B.V. (MGI BV). The subsidiary's financial performance during FY 2024-25 and its contribution to the parent company's consolidated financials are detailed below:

Dissolution Process and Structure Simplification

The dissolution process was initiated when SMR-Jersey submitted an application to the Commercial Register for its dissolution. The Commercial Register subsequently dissolved SMR-Jersey from its register, making the dissolution effective from April 10, 2026.

Prior to the dissolution, the net-worth of SMR-Jersey was distributed to MGI BV. Since MGI BV is also consolidated under Samvardhana Motherson International Limited, this distribution ensures that the dissolution has no impact on the company's consolidated net-worth.

Regulatory Compliance

The company has made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

Key regulatory details include:

• The transaction does not fall within related party transactions
• No sale agreement was involved as this was a dissolution
• No consideration was received from the dissolution
• The dissolution was not part of any scheme of arrangement

Corporate Structure Impact

The dissolution of SMR-Jersey represents a strategic move by Samvardhana Motherson International Limited to streamline its corporate structure. While the subsidiary contributed 4.62% to the consolidated net-worth, the careful redistribution of assets to MGI BV ensures continuity in the group's financial position without any adverse impact on the parent company's consolidated accounts.

Samvardhana motherson international Limited has issued a regulatory filing to stock exchanges addressing recent media reports about labour protests affecting its operations in Noida, Uttar Pradesh, and other cities. The clarification was submitted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Official Statement

The company provided a comprehensive statement addressing the labour protest situation:

Regulatory Compliance and Communication

The clarification was simultaneously submitted to both major Indian stock exchanges - the National Stock Exchange of India Limited (Symbol: MOTHERSON) and BSE Limited (Scrip Code: 517334). The document was digitally signed by Company Secretary Alok Goel on April 13, 2026.

Industry-Wide Context

According to the company's statement, the labour protests are not isolated to Samvardhana Motherson International but represent a broader industry challenge. The protests have been attributed to misinformation circulating about wage revisions, affecting multiple companies across various industries in the affected regions.

Resolution Efforts

The company indicated that authorities are actively working with industry stakeholders to address the situation. The collaborative approach aims to restore normal operations as quickly as possible while ensuring employee safety and maintaining operational compliance.

Corporate Communication Strategy

The company announced that the clarification would be released to media outlets simultaneously with the stock exchange filing, ensuring transparent communication with all stakeholders including investors, employees, and the general public.