Sampann Utpadan India Limited Fined ₹4.2 Lakh Plus GST for Delayed Trading Approval
Sampann Utpadan India Limited incurred a penalty of ₹4,20,000 plus 18% GST for a 21-day delay in applying for trading approval for 82,00,000 preferential issue shares. The company cited a delay in receiving credit confirmation from NSDL as the reason.
The penalty amount is relatively small compared to the company's overall operations, and the company has provided a reasonable explanation for the delay.
The company has incurred a financial penalty due to a compliance delay.
Sampann Utpadan India Limited has been informed about the levy of a penalty under Regulation 30 of SEBI (LODR) Regulations, 2015, for a delay in making an application for trading approval to the stock exchanges.
As per SEBI's Master Circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, listed entities are required to apply for trading approval within 7 working days from the date of grant of listing approval. Sampann Utpadan India Limited, which issued 82,00,000 shares under a preferential issue, had a due date of compliance on December 19, 2025, but the actual compliance date was January 9, 2026. This resulted in 21 days of non-compliance.
The calculated fine for this delay amounts to ₹4,20,000 plus 18% GST. The company has responded to the National Stock Exchange (NSE) on February 23, 2025, explaining that the delay was procedural and administrative. They cited that the confirmation of credit of shares from NSDL, received on January 9, 2026, was necessary to accompany the trading approval application as per a SEBI circular dated November 11, 2024. The company emphasized that the delay did not adversely affect investor interests, as the shares are subject to lock-in requirements.
What to do with a filing like this
Sampann Utpadan India Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Sampann Utpadan India Limited. Read the original for the full detail.