Sampann Utpadan India Ltd Seeks Waiver of Fine for Delay in Trading Approval Filing

Sampann Utpadan India Ltd, formerly known as S. E. Power Ltd, has requested BSE to waive the fine imposed for a delay in filing the trading approval for a preferential issue. The delay was due to procedural and administrative reasons, with the company receiving the credit of shares letter from NSDL only on 09 January 2026, despite follow-ups. The company asserts that the delay did not adversely affect investor interests as the shares were subject to lock-in requirements. They have strengthened their internal processes to avoid such occurrences in the future.