Regulatory10 April 2026 at 05:31 pm
SM Auto Stamping: BSE Waives ₹2.1 Lakh Fine
AI Summary
BSE has waived off a fine of ₹2,10,000 previously levied on SM Auto Stamping Ltd. The fine was imposed due to the non-submission of consolidated financial results for the quarter ended March 31, 2024, under SEBI Listing Regulations. The company had intimated the fine on July 1, 2024, and subsequently submitted a waiver request on July 11, 2024. BSE's "Internal Regulatory Oversight and Review Group" approved the waiver request via an e-mail dated April 10, 2026. The company stated that this waiver has no impact on its financials, operations, or other activities.
Key Highlights
- BSE waived a ₹2.1 lakh fine on SM Auto Stamping Ltd.
- The fine was for late submission of Q4 FY24 consolidated financial results.
- Waiver was granted following the company's request.
- The company confirms no financial or operational impact from this event.
SMAUTOIndustrial Products
SM Auto Stamping LtdPrice Impact