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.
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Governance Concern2/10
Regulatory Risk6/10
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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