BSECompany Update3d ago · 2 Sept 2026, 12:18 pm
Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we hereby inform you that the company has received a Demand Notice ....
FGP Ltd · 500142
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FGP Ltd has received a Demand Notice from the Maharashtra Labour Welfare Board for alleged non-payment of statutory contributions under the Maharashtra Labour Welfare Fund Act, 1953, involving a demand of Rs. 39,13,712/- including penal interest.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment2/10
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FGP Ltd - 500142 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015-Update
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FGP LIMITED
CIN: L26100MH1962PLC012406
Registered Office - Commercial Union House, 9- Wallace Street, Fort, Mumbai - 400 001
Tel : 2207 0273/ 2201 5269; Email : investors@fgpltd.in; Website : www.fgpltd.in
September 02, 2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai – 400 001.
Security Code: 500142
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”), we hereby inform you that the Company has received a Demand Notice issued
by the Maharashtra Labour Welfare Board of the alleged non-payment of statutory
contributions under the Maharashtra Labour Welfare Fund Act, 1953 involving a demand
aggregating to Rs. 39,13,712/- including penal interest.
The requisite details of the aforesaid communication, as prescribed under the SEBI Listing
Regulations, are enclosed herewith as Annexure A.
Kindly take the same on record.
Thanking You.
Yours faithfully,
For FGP Limited
Shalu Sarraf
Company Secretary and Compliance Officer
Encl: As Above
FGP LIMITED
CIN: L26100MH1962PLC012406
Registered Office - Commercial Union House, 9- Wallace Street, Fort, Mumbai - 400 001
Tel : 2207 0273/ 2201 5269; Email : investors@fgpltd.in; Website : www.fgpltd.in
Annexure-A
Particulars Details
Name of the authority Maharashtra Labour Welfare Board (‘the
concerned authority’), Mumbai
Nature and details of the action(s) taken Demand Notice bearing Reference No.
or order(s) passed MLWB/CONTEEG/DN-326/12036 dated
May 14, 2026, received by the Company
through post on September 1, 2026,
towards alleged default in remittance of
the six-monthly Employees’ and
Employer’s contributions for the period
from June 1998 to June 2025.
Date of receipt of direction or order, September 01, 2026
including any ad-interim or interim
orders, or any other communication
from the authority
Details of the Alleged default in remittance of the six-
violation(s)/contravention(s) committed monthly Employees’ and Employer’s
or alleged to be committed contributions under the Maharashtra
Labour Welfare Fund Act, 1953 (the Act),
for the period from June 1998 to June
2025.
Impact on financial, operation or other A demand aggregating to Rs.
activities of the listed entity, quantifiable 39,13,712/- has been raised towards the
in monetary terms to the extent possible aforesaid contributions including penal
interest of Rs 29,43,176/- for delayed
remittance. The Company is evaluating
the aforesaid demand notice and will
seek appropriate legal remedy in order to
contest the demand.