Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SM Auto Stamping Ltd has formally surrendered two Export Promotion Capital Goods (EPCG) authorizations to the Assistant DGFT, Regional Authority Pune. The department has issued a Letter of Surrender and Unutilization Letter confirming no benefits were claimed under these licenses. The surrender has resolved two Show Cause Notices dated 17th March 2026 and 25th March 2026, which are now marked as closed. The company states there is no monetary impact from this surrender and no corrective actions were required since the licenses were simply unused.
This is a routine compliance matter. The resolution of the Show Cause Notices removes a regulatory overhang for the company, though the voluntary surrender of unused export licenses carries no material financial or operational impact on the listed entity.