SM Auto Stamping Limited Receives Show Cause Notice from DGFT
SM Auto Stamping Limited announced today, March 25, 2026, that it has received a Show Cause Notice from the Assistant Director General of Foreign Trade (DGFT), Regional Authority Pune.The notice, received via email on March 25, 2026, concerns EPCG license 3130006758. The DGFT has initiated action under sections 9, 11, and 13 of the Foreign Trade (Development and Regulation) Act, 1992, and has requested the company to demonstrate compliance with conditions outlined in the license. A hearing regarding the matter is scheduled for April 6, 2026.
According to the company, the notice has no anticipated impact on its financial, operational, or other activities. SM Auto Stamping Limited is in the process of preparing a response to the notice.
Below is a summary of the notice details:
| Sr. No | Details of events that needs to be provided | Information of such event(s) |
|---|---|---|
| 1 | Name of the authority | Assistant DGFT,RA PUNE |
| 2 | Nature and details of the action(s) taken, initiated or order(s) passed | The department has issued a Show Cause Notice under section 14 for action under sections 9, 11 and 13 of the Foreign Trade (Development and Regulation) Act, 1992. This SCN is connected with EPCG license 3130006758. |
| 3 | Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | Received on 25 March 2026 via email. |
| 4 | Details of the violation(s) / contravention(s) committed or alleged to be committed | As per show cause notice DGFT mentioned that company has to show why conditions mentioned under license was not complied. The hearing in the matter is scheduled on 06.04.2026. |
| 5 | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | There is no impact on financials, operation or other activities of the company as we are in process to file the reply against the said notice. |
SM Auto Stamping Limited is a LATF 16949 manufacturer of sheet metal pressed components and welded assemblies for Automobile and Electrical OEMs. The company has plants in Nashik and Malegaon, Maharashtra.
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