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Samvardhana Motherson International's US Unit Secures Rescission of USD 19,500 Penalty from NY Workers’ Compensation Board

Penalty notice to Motherson Technology Services USA Limited revoked after appeal, rendering initial penalty ineffective

Samvardhana Motherson International Limited announces that its wholly owned US subsidiary, Motherson Technology Services USA Limited, has had a USD 19,500 penalty imposed by the New York State Workers’ Compensation Board rescinded following a successful appeal.

1 day ago|MOTHERSON-0.21%
Samvardhana Motherson International LimitedMOTHERSONLegal / Regulatory

Samvardhana Motherson International Limited

Legal / Regulatory

Samvardhana Motherson International Limited reported that the USD 19,500 penalty notice issued to its indirect wholly owned US subsidiary, Motherson Technology Services USA Limited, by the New York State Workers’ Compensation Board has been rescinded following a successful appeal.

On October 27, 2026, Samvardhana Motherson International issued an update regarding a penalty notice originally served to its US subsidiary, Motherson Technology Services USA Limited (MSID USA), by the New York State Workers’ Compensation Board, Bureau of Compliance.

The penalty of USD 19,500 was communicated in an earlier notice dated October 14, 2026.

After submitting an appeal to the New York State Workers’ Compensation Board, MSID USA has received an official Notice of Penalty Rescission.

As a result, the previous penalty is declared revoked and is no longer effective.

This update serves to inform stakeholders that the legal compliance matter concerning the penalty has been resolved in favor of MSID USA.

Highlights

  • Penalty of USD 19,500 issued to MSID USA by New York State Workers’ Compensation Board.
  • Penalty notice initially disclosed on October 14, 2026.
  • Successful appeal led to formal rescission of the penalty.
  • Penalty now revoked and ineffective.
  • Update communicated on October 27, 2026.

Key Data Snapshot

Penalty amountUSD 19,500
Penalty issuerNew York State Workers’ Compensation Board, USA
Company penalizedMotherson Technology Services USA Limited
Company statusIndirect wholly owned subsidiary of Samvardhana Motherson International Limited
Penalty statusRescinded and ineffective
Date of penalty rescission noticeOctober 27, 2026

What happened

  • Motherson Technology Services USA Limited received a USD 19,500 penalty notice from the New York State Workers’ Compensation Board.
  • The penalty notice was initially reported by Samvardhana Motherson International Limited on October 14, 2026.
  • Following an appeal, the penalty was formally rescinded by the Board.
  • The penalty is now null and has no effect.

Regulatory and governance context

  • Notice issued by the New York State Workers’ Compensation Board, Bureau of Compliance, USA.
  • MSID USA is an indirect wholly owned subsidiary of Samvardhana Motherson International Limited.
  • Communication aligns with disclosure requirements on material regulatory updates.

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Samvardhana Motherson International's US Unit Secures | Stockk News