NSEAction(s) taken or orders passed26 Jun 2026 · 26 Jun 2026, 03:41 pm

Action(s) taken or orders passed

Sundrop Brands Limited · SUNDROP

✦ AI SummaryRegulatory

Sundrop Brands Limited has received a notice-cum-order from the EPFO for a surcharge of Rs. 2,93,727 due to minor inadvertent deviations from prescribed investment patterns by the company's PF Trust for FY 2023-24. The company has submitted representations seeking waiver of the surcharge, but the EPFO has rejected the request and directed the company to remit the amount within 7 days.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Sundrop Brands Limited has informed the Exchange about Notice-cum-order passed by EPFO, Hyderabad.

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Kavita_Sundrop_26062026154118_FinalIntimationofPFOrder260626.pdf

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26th June 2026 The Manager, The Manager, BSE Limited, Listing Department, Floor 25, Pheroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai – 400 051. Ph. No. 022- 22721233 / 22721234 Ph. No. 022- 26598100 / 26598101 Fax No. 022-22723121 / 22721072 Fax No. 022-26598237 / 26598238 Codes: BSE-Scrip code 500215, Co. code-1311 NSE-Symbol SUNDROP, Series EQ-Rolling Settlement Dear Sir(s) / Madam, Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with amendments therein (“Listing Regulations”) Pursuant to Regulation 30 of the Listing Regulations read with Schedule III, we hereby inform your good offices about the Notice-cum-Order for levy of surcharge issued by the Office of the Regional P.F. Commissioner- II (Exemption), Regional Office, Kukatpally, Hyderabad (“Authority”). The details of the said Order passed by the Authority pursuant to Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the Listing Regulations are enclosed as Annexure- A. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For Sundrop Brands Limited (“the Company”) (formerly known as Agro Tech Foods Limited) Kavita Company Secretary and Compliance Officer A-27174 Encl.: As Above Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurgaon-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 ANNEXURE – A DISCLOSURE AS REQUIRED UNDER REGULATION 30 READ WITH SUB-PARA 20 OF PARA A OF PART A OF SCHEDULE III OF THE LISTING REGULATIONS S.NO PARTICULARS INFORMATION 1. Name of the Authority Office of the Regional P.F. Commissioner II, Regional Office, Kukatpally, Hyderabad. 2. Nature and details of the The Company received a Notice-cum-Order dated 30th March action(s) taken or order(s) 2026 for levy of a Surcharge of Rs. 2,93,727/- (Rupees Two passed Lakhs Ninety-three Thousand Seven Hundred and Twenty- Seven only) from the Authority on account of minor inadvertent deviations from prescribed Investment pattern by the Company’s PF Trust i.e. Agro Tech Foods Provident Fund for FY 2023-24. Subsequently, the Company submitted representations to the Authority seeking waiver of the levied surcharge. The Authority vide its rejection letter dated 24th June 2026, which was received by the Company on 25th June 2026, has rejected the Company’s request for waiver of Surcharge and has further directed the Company to remit the Surcharge amount within 7 (seven) days. 3. Date of receipt of order by the 25th June 2026 Company 4. Details of the violation(s)/ During FY 2023–24, the category-wise investments made by contravention(s) committed or the Company's PF Trust were largely in line with the alleged to be committed investment guidelines prescribed by the Employee Provident Fund Organisation (EPFO), with minor inadvertent deviations. 5. Impact on financial, operation The financial impact, if any, will be to the extent of and as or other activities of the listed disclosed in above Point 2. There will be no material impact entity, quantifiable in on the operations or other activities of the Company. monetary terms to the extent possible. Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurgaon-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957