Date: October 21, 2026
Regulatory Compliance Update
Sampann Utpadan India Limited received waiver from National Stock Exchange of India Limited (NSE) for fines levied due to delay in filing application for trading approval. The delay pertained to 82,00,000 equity shares allotted on a preferential basis.
Timeline of Events
- The company had filed a waiver application with NSE on July 4, 2026
- NSE considered the request and granted waiver on October 19, 2026 (Reference: NSE/LIST/CD/2026/0043)
- The fine was levied for delay in filing trading approval application under SEBI (ICDR) Regulations, 2018 for the period ended December 31, 2025
Company Commitment
The company acknowledged the waiver and expressed appreciation for NSE's consideration. Sampann Utpadan reiterated its commitment to ensuring timely compliance with:
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- SEBI circulars
- Stock Exchange requirements
The company has strengthened its internal compliance monitoring mechanism to avoid recurrence of such procedural delays in the future.
Correspondence Details
The announcement includes correspondence from NSE Manager Jeetendra Rangnani dated October 19, 2026, confirming the waiver decision. The company's response was signed by Saurabh Agrawal, Company Secretary, on October 21, 2026.