SM Auto Stamping Ltd Receives Waiver of SOP Fine from BSE
SM Auto Stamping Limited announced the receipt of confirmation from the BSE regarding the waiver of a Standard Operating Procedure (SOP) fine. The company confirmed that the BSE acceded to its waiver request concerning the SOP fine.The details of the waiver concern a fine previously levied related to the non submission of consolidated financial results for 31 March 2024.
In a communication received on April 10, 2026, the BSE informed the company that after review by the 'Internal Regulatory Oversight and Review Group,' the request for waiver was approved. Consequently, the SOP fine amounting to ₹ 2,10,000 has been waived off.
The impact of this waiver on the financials, operations, or other activities of the company was reported as having no quantifiable monetary impact.
The key details regarding the waiver are presented below:
| Sr. No | Authority | Action Taken | Date of Order Receipt | Fine Waived |
|---|---|---|---|---|
| 1 | BSE Limited (BSE) | SOP Fine Waiver Approved | April 10, 2026 | ₹ 2,10,000 |
SM Auto Stamping Ltd operates as a manufacturer of sheet metal pressed components and welded assemblies for Automobile & Electrical OEMs. The company maintains multiple operational sites, including a Plant in Sinnar and another at C-13, MIDC Ambad, Nashik.
Stock Price Movement
At the close of trade today, SM Auto Stamping Ltd settled at ₹27.32, climbing 9.98% for the day. Throughout the session, the shares moved through a tight range, holding between a low of ₹27.30 and a high of ₹27.32.Source:
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