In a clarification issued to stock exchanges, it said the developments reported in electronic and print media relate to a wider labour issue affecting multiple industries in Noida, Uttar Pradesh, and other locations. The company stated that its operations remain compliant with all applicable laws and continue without any material disruption. It added that employee safety remains its top priority.
“This is a broader labour issue affecting multiple industries in Noida and some other cities, driven by misinformation being spread about wage revisions. Our operations remain compliant with all applicable laws with no material impact on the company. The safety of our employees remains our top priority. The authorities are working closely with the industry to bring things back to normal as quickly as possible,” according to a stock exchange filing.Also Read: Samvardhana Motherson expects wiring harness revenues to nearly double in Europe
This comes after a large number of workers from various industrial units gathered in parts of Noida, demanding a hike in wages. The demonstrations turned violent in some places, leading to incidents of arson, vandalism and disruption of traffic.
Police said heavy deployment has been made across industrial zones under the Gautam Buddh Nagar Commissionerate, and senior officials are monitoring the situation on the ground. Authorities maintained that the situation is under control and efforts are underway to restore normalcy, while urging people not to pay heed to rumours.
The district administration had earlier held meetings with factory owners and stakeholders to address workers’ concerns and announced measures including double overtime wages, weekly offs and bonuses as per rules.
Also Read: Samvardhana Motherson shares rise despite biggest client flagging production concerns
Shares of Samvardhana Motherson International Ltd ended at ₹119.30, down by ₹2.80, or 2.29%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
First Published: Apr 13, 2026 4:18 PM IST
