NSEGeneral Updates2d ago · 16 Sept 2026, 11:56 pm

General Updates

Vedant Fashions Limited · MANYAVAR

✦ AI SummaryRegulatory

Vedant Fashions Limited has informed the exchange about a compounding order issued by the Legal Metrology Department, Government of NCT of Delhi, for non-declaration of the size on the product label, resulting in a compounding fee of ₹ 50,000.

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Growth Catalyst1/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Vedant Fashions Limited has informed the Exchange regarding the compounding under the Legal Metrology Act, 2009, vide the enclosed letter.

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MANYAVAR_16092026235614_SEInti16092026Compounding_LM_.pdf

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September 16, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C-1, Block-G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 NSE Symbol: MANYAVAR BSE Scrip Code: 543463 Madam / Sir, Sub: Intimation regarding compounding order issued by the Legal Metrology Department, Government of NCT of Delhi Ref: Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform you that Vedant Fashions Limited (“the Company”) had received a notice dated June 08, 2026 from the Office of the Controller of Legal Metrology (Weights & Measures Department), Government of NCT Delhi, Plot No: 17, Institutional Area, Vishwas Nagar, Delhi- 110032 (“the Authority”), alleging non-declaration of the size on the product label, observed during an inspection at one of the retail outlets, citing a violation of the Rule 18(1) of Legal Metrology Packaged Commodities Rules 2011. The Company, vide its letter dated September 02, 2026, submitted a request seeking compounding of the alleged offence with a minimum applicable fee. Subsequently, the Authority issued an Order on September 08, 2026, requiring the Company to pay a compounding fee of ₹ 50,000/- (Indian Rupees Fifty Thousand only) through Demand Draft (DD). The Company has duly complied with the directive by submitting a Bank Demand Draft towards the payment of compounding fee on September 15, 2026, and has formally informed the Authority through a letter dated September 16, 2026. The requisite details pursuant to Regulation 30 of the Listing Regulations are shared below: 1. Name of the Authority – Assistant Controller of Legal Metrology (Weights & Measures Department), Government of NCT Delhi, Plot No: 17, Institutional Area, Vishwas Nagar, Delhi- 110032 2. Nature and details of the action(s) taken, initiated or order(s) passed – Compounding fee (₹ 50,000/-) determined by the authority for non-declaration of size of the item on label of the product (being Sherwani) 3. Date of receipt of the direction or order, including any ad-interim or interim orders, or any other communication from the authority – September 16, 2026 at 16:35 hours 4. Details of the violation(s)/contravention(s) committed or alleged to be committed – Alleged non-declaration of the size of the item on the product label, causing the violation of Rule 9 of Legal Metrology Packaged Commodities Rules 2011. 5. Impact on the financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible – Except the amount mentioned above, there is no other impact on the financial or operation of the Company. We request you to kindly take the aforesaid information on record and disseminate the same on your respective websites. Thanking you. For, Vedant Fashions Limited Navin Pareek Company Secretary and Compliance Officer ICSI Memb. No.: F10672 Vedant Fashions Limited Registered Office: 19, Canal South Road, Paridhan Garment Park, SDF-1. 4th Floor, A501-A502, Kolkata: 700015, Phone: +91 3361255353 Email: info@vedantfashions.com | Website: www.vedantfashions.com | CIN: L51311WB2002PLC094677