SM Auto Stamping Limited Receives Show Cause Notice from DGFT
SM Auto Stamping Limited announced today, March 20, 2026, that it has received a Show Cause Notice from the Assistant Director General of Foreign Trade (DGFT), Regional Authority Pune.The notice, received on March 20, 2026, and dated March 18, 2026, concerns a potential violation of the Foreign Trade (Development and Regulation) Act, 1992. The department has issued the notice under section 14 for action under sections 9, 11, and 13 of the Act.
According to the notice, SM Auto Stamping Limited is required to demonstrate compliance with conditions stipulated in its license. A hearing regarding the matter is scheduled for April 9, 2026.
The company stated that the notice is not expected to have any impact on its financial, operational, or other activities. The company is in the process of preparing a response to the notice.
Details of the notice are provided below:
| 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. |
| 3 | Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | Received on 20 March 2026 dated 18 March 2026. |
| 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 09.04.2026. |
| 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. |
Pawan Mahajan, Company Secretary & Compliance Officer, provided the disclosure.
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