Fined Rs 60,000 for 3-day delay in trading approval filing; waiver sought

SEBI penaltyRegulatory & Legal View source PDF Explain this filing

SAMPANN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+7.1%Reaction day

₹29.12

prior close

₹31.11

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+5.6% vs market

Rubber peers, median of 10sector+2.6%+4.5% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 4.5 pts more than its Rubber peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.9

15m

+2.2

30m

+3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.1+1.6+5.6+2.6+4.5

Next day

+6.7-0.6+7.3+0.7+6.0

+5.6-0.5+6.1+0.4+5.3

+4.1+1.5+2.5+0.7+3.4

+7.1+1.1+6.0+1.1+6.1

+14.6+3.0+11.6+3.6+11.0

+10.3+5.5+4.8+4.7+5.5

15d

+12.3+6.1+6.2+8.7+3.6

+6.4+5.1+1.3+7.0-0.6

-10.6-8.0-2.7-2.0-8.7

+5.8+10.9-5.2+18.7-12.9

UpDownMarket · Nifty Microcap 250Sector · Rubber peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BSE fined Sampann Utpadan Rs 60,000 plus 18 percent GST for a 3-day delay in filing trading approval for 82 lakh preferential issue shares (due 19 Dec 2025, filed 22 Dec 2025). Company blames delay on NSDL taking until 9 Jan 2026 to issue credit confirmation. Argues shares are under 18 month and 6 month lock-in so investors not harmed. Has submitted reply and requested waiver of the fine.

Likely market impact

Minor financial penalty; company has requested waiver. No impact on shareholders as preferential shares remain under mandatory lock-in. Procedural issue only.