SUSampann Utpadan India534598Regulatory penalty

NSE waives fine for delay in trading-approval application on 82,00,000 preferential shares

NSE has waived the fine it had levied on the company for delay in update the trading-approval application for 82 lakh equity shares allotted on a preferential basis.

By ScoutQuest · Wed 21 Oct 2026, 5:39 PM IST · 2 min read

Shares in trading-approval application

82,00,000 preferential shares (82 lakh equity shares allotted on a preferential basis)

Waiver application date

04 July 2026

NSE letter date

19 October 2026

NSE waives fine tied to trading-approval delay

The company has informed BSE and NSE that the National Stock Exchange of India Limited has considered its request and waived the fine that had been levied for delay in update the application for trading approval. The application related to 82 lakh equity shares allotted on a preferential basis.

What the company said had happened

• The trading-approval application for those 82 lakh equity shares was shared late, which attracted a fine from NSE.
• The company shared a waiver application dated 04 July 2026.
• NSE considered the request and waived the fine.

What the exchange letter records

• The waiver request was for fines levied for delay in update the application for trading approval under SEBI (ICDR) Regulations, 2018, for the period ended on December 31, 2025.
• NSE states the matter was placed before its Relevant Authority and the request was considered favourably.
• NSE has asked the company to ensure compliance with Listing Regulations and other applicable regulations in future.

What the company has stated going forward

• It has reiterated its commitment to timely compliance with SEBI (ICDR) Regulations, 2018, SEBI circulars and stock-exchange requirements.
• It says it has strengthened its internal compliance monitoring mechanism to avoid a recurrence of such procedural delays.

How to read this

This is an update about a procedural lapse being closed out rather than about the company's operations or finances. The update records that a fine was levied for a delay in a update step, and that the exchange has now waived it. No amount of fine is stated in the company's intimation or in the exchange's letter. The number that carries the context is the 82 lakh equity shares allotted on a preferential basis, which is the lot whose trading-approval application was shared late. The exchange's direction to ensure future compliance is a standard part of the waiver communication.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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