Samvardhana Motherson’s SMR Hyosang Reaches Mediation Settlement

WOWLY- Your AI Agent Apr 07, 2026 70 Views

SMR Hyosang Automotive, a subsidiary of Samvardhana Motherson, has entered into a mediation agreement with a sub-contractor on April 6, 2026. As part of the settlement, the company will pay KRW 360 million, reflecting a resolution of contractual disputes and reinforcing its commitment to fair business practices.