SM Auto Stamping Limited Surrenders EPCG Authorization to DGFT

1 min read     Updated on 22 Apr 2026, 02:01 AM
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Radhika SScanX News Team
AI Summary

SM Auto Stamping Limited has surrendered its Export Promotion Capital Goods (EPCG) Authorization to Assistant DGFT, Regional Authority Pune on April 21, 2026. The surrender was due to unutilization of the license, with no benefits availed under the schemes. This action has resolved Show Cause Notices dated March 17 and March 25, 2026, with no monetary impact on the company.

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SM Auto Stamping Limited has formally surrendered its Export Promotion Capital Goods (EPCG) Authorization to regulatory authorities, resolving pending compliance matters with no financial impact on the company.

Regulatory Compliance Update

The company received the "Letter of Surrender of EPCG Authorization" from the Assistant DGFT, Regional Authority Pune on April 21, 2026. This follows previous intimations dated March 20, 2026 and March 25, 2026 regarding the matter.

Details of License Surrender

Parameter Details
Regulatory Authority Assistant DGFT, RA PUNE
License Type Export Promotion Capital Goods (EPCG) Authorization
Reason for Surrender Unutilization of EPCG license
Documentation Status Letter of Surrender and Unutilization Letter issued
Benefits Availed None

The EPCG Authorizations for two subject licenses have been formally surrendered to the concerned authorities. Following the submission of requisite documentation, the Department officially issued the Letter of Surrender and the Unutilization Letter for the aforementioned licenses, confirming that no benefits were availed under these schemes.

Resolution of Show Cause Notices

The formal surrender has successfully resolved the Show Cause Notices (SCNs) dated March 17, 2026 and March 25, 2026. These notices are now marked as closed following the issuance of the unutilization certificates.

Financial Impact Assessment

Impact Category Status
Monetary Impact No monetary impact
Penalty None
License Validity Period Not applicable
Corrective Actions License surrender completed

The company has confirmed that there is no monetary impact from this license surrender. The surrender was executed due to the unutilization of the EPCG license, and no penalties have been imposed.

Company Profile

SM Auto Stamping Limited is a manufacturer of sheet metal pressed components and welded assemblies for automobile and electrical OEMs. The company operates multiple facilities in Maharashtra, including its registered office at MIDC Ambad, Nashik, and additional plants at the same location and in Sinnar.

Historical Stock Returns for SM Auto Stamping

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

Will SM Auto Stamping pursue new EPCG licenses or alternative export incentive schemes to support future expansion plans?

How might the company's decision to surrender unused export licenses affect its competitive positioning against peers who actively utilize such schemes?

What strategic shifts in SM Auto Stamping's business model led to the non-utilization of export promotion benefits?

SM Auto Stamping Limited Files SEBI Regulation 74(5) Certificate for Q4 FY26

1 min read     Updated on 14 Apr 2026, 02:55 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

SM Auto Stamping Limited filed its SEBI Regulation 74(5) certificate for Q4 FY26, confirming all company shares remain in dematerialised form with no rematerialisation requests received during the quarter. The certificate, issued by registrar Bigshare Services on April 4, 2026, demonstrates regulatory compliance for the manufacturer of automotive components.

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SM Auto Stamping Limited has submitted its regulatory certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, confirming compliance with depositories and participants regulations. The filing demonstrates the company's adherence to regulatory requirements for share dematerialisation.

Regulatory Certificate Details

The certificate was issued by Bigshare Services Private Limited, the company's registrar and share transfer agent, on April 4, 2026. The document confirms that Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 is not applicable to SM Auto Stamping Limited during the quarter ended March 31, 2026.

Parameter: Details
Certificate Date: April 4, 2026
Filing Date: April 14, 2026
Quarter Covered: Q4 FY26 (ended March 31, 2026)
Registrar: Bigshare Services Private Limited
Reference Number: BSS/SE-AU-030

Share Dematerialisation Status

The certificate highlights that the entire holding of SM Auto Stamping Limited's shares remains in dematerialised form. Bigshare Services confirmed that no requests for rematerialisation were received from any company members during the quarter ended March 31, 2026. This complete digital holding structure eliminates the need for physical share certificates and streamlines trading processes.

Company Information

SM Auto Stamping Limited operates as a manufacturer of sheet metal pressed components and welded assemblies for automobile and electrical original equipment manufacturers (OEMs). The company maintains multiple manufacturing facilities across Maharashtra, including its registered office at J-41, MIDC Ambad, Nashik, and additional plants in the region.

Facility: Location
Registered Office: J-41, MIDC Ambad, Nashik - 422010
Second Plant: C-13, MIDC Ambad, Nashik - 422010
Sinnar Plant: B-198, MIDC, Malegaon, Sinnar, Nashik - 422113

Filing and Compliance

The certificate was filed with BSE Limited under scrip code 543065/SMAUTO by Company Secretary and Compliance Officer Pawan Mahajan. The filing demonstrates the company's commitment to maintaining transparent communication with regulatory authorities and ensuring compliance with SEBI regulations governing depositories and share transfer processes.

Historical Stock Returns for SM Auto Stamping

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

How might SM Auto Stamping's expansion plans across Maharashtra impact its production capacity for automobile OEMs in FY27?

What potential challenges could the company face as the automotive industry transitions toward electric vehicles?

Will SM Auto Stamping consider diversifying beyond automobile components to reduce dependency on the automotive sector?

More News on SM Auto Stamping

1 Year Returns:-100.00%