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.

Samvardhana Motherson International Limited has announced the dissolution of its Croatian subsidiary, SMRC Automotive Interior Modules Croatia d.o.o. (SMRC-Croatia), effective April 11, 2026. The dissolution follows approval from the Commercial Court of Zagreb and represents a strategic move to streamline operations.

Dissolution Details and Timeline

The Commercial Court of Zagreb dissolved SMRC-Croatia from its register following an application submitted by the subsidiary itself. The dissolution became effective on April 11, 2026, with the company formally communicating this development to stock exchanges on April 12, 2026.

Financial Impact and Performance

SMRC-Croatia's financial contribution to the parent company was minimal during its final operational year. The subsidiary's performance during FY 2024-25 reflected the challenging business environment that ultimately led to its closure.

Reasons for Closure

The subsidiary applied for dissolution citing specific operational challenges that made continued operations unviable:

• No foreseeable new business opportunities in the region
• Significant annual operational costs without corresponding revenue generation
• Strategic decision to optimize the company's global subsidiary structure

Regulatory Compliance

Samvardhana Motherson International Limited fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required by SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

The dissolution represents a routine corporate restructuring activity, with the subsidiary having minimal impact on the parent company's overall financial position. This move aligns with the company's focus on maintaining operational efficiency across its global network of subsidiaries.