NSEGeneral Updates1 Jul 2026 · 1 Jul 2026, 06:49 pm

General Updates

Nandan Denim Limited · NDL

✦ AI Summary▼ NegativeRegulatory

Nandan Denim Limited has informed the Exchange about General Updates regarding a Securities and Exchange Board of India (SEBI) Final Order under Sections 11(1), 11(4), 11(4A), 11B(1), and 11B(2) of the Securities and Exchange Board of India Act, 1992. The order imposes a monetary penalty of Rs. 5,00,000/- and restrains the promoter group from accessing the securities market and prohibits them from buying, selling, or otherwise dealing in securities for a period of 4 years.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment4/10

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Nandan Denim Limited has informed the Exchange about General Updates

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NDL_01072026184857_seintimation.pdf

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July 01, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G – Block, Dalal Street, BKC, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 532641 Scrip Symbol: NDL SUBJECT: INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“Listing Regulations”), We hereby inform that the Mr. Vedprakash Devkinandan Chiripal, in our promoter group received Securities and Exchange Board of India Final Order under Sections 11(1), 11(4), 11(4A), 11B (1), 11B (2) of the Securities and Exchange Board of India Act, 1992. The details as required under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III and read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure A with this intimation. We request you to kindly take the same on record. Thanking you, Yours faithfully, Thanking you, For NANDAN DENIM LIMITED Rinku Patel Company Secretary and Compliance Officer M. No.: A47703 Encl: As above Nandan Denim Limited (CIN: L51909GJ1994PLC022719) Registered Office Corporate office Survey No. 198/1, 203/2, Saijpur-Gopalpur, Pirana Road, Piplaj, Ahmedabad-382 405 Chiripal House, Shivranjani Cross Road, Satellite, Ahmedabad -380015 Ph.:+919879200199 Website:www.nandandenim.com Email:nandan@chiripalgroup.com Ph.: 079-69660000 Fax: 079-26768656 Annexure A Sr. Details of Events that Information of such events(s) No. need to be provided Name of the authority 1. Securities and Exchange Board of India (SEBI) 2. Nature and details of the The SEBI has passed the final order dated action(s) taken initiated, or 30.06.2026 against 226 entities including our order(s) passed; promoter group i.e. Mr. Vedprakash Devkinandan Chiripal. Vide the said order, the SEBI has imposed a monetary penalty of Rs. 5,00,000/- and restrained from accessing the securities market and prohibited from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner for a period of 4 years from the date of final order under the Section (1), 11(4), 11(4a), 11B (1), 11B (2) of the Securities and Exchange Board of India Act, 1992. The final Order dated 30th June, 2026 is 3. Date of receipt of direction or received by above named promoter group on order, including any ad interim or July, 01st 2026 interim orders, or any other communication from the authority; 4. Details of the violation(s)/ As recorded in the SEBI Final Order dated 30 contravention(s) committed or June 2026 alleged to be committed; Nandan Denim Limited (CIN: L51909GJ1994PLC022719) Registered Office Corporate office Survey No. 198/1, 203/2, Saijpur-Gopalpur, Pirana Road, Piplaj, Ahmedabad-382 405 Chiripal House, Shivranjani Cross Road, Satellite, Ahmedabad -380015 Ph.:+919879200199 Website:www.nandandenim.com Email:nandan@chiripalgroup.com Ph.: 079-69660000 Fax: 079-26768656 Based on the Company’s assessment, 5. Impact on Financial, operation or prevailing law and basis the advice of the other activities of the Company, counsel, the company believes that the order quantifiable in monetary terms to does not have any material financial or the extent possible; operational impact on the Company. Further, under Section 15T and 15Z of the SEBI Act, 1992, our Promoter Group (Vedprakash Devkinandan Chiripal) reserves the right to appeal to Hon’ble Securities Appellate Tribunal (SAT) and Hon’ble Supreme Court of India, respectively, against the aforesaid SEBI Order. Any other relevant information 6. Nil Nandan Denim Limited (CIN: L51909GJ1994PLC022719) Registered Office Corporate office Survey No. 198/1, 203/2, Saijpur-Gopalpur, Pirana Road, Piplaj, Ahmedabad-382 405 Chiripal House, Shivranjani Cross Road, Satellite, Ahmedabad -380015 Ph.:+919879200199 Website:www.nandandenim.com Email:nandan@chiripalgroup.com Ph.: 079-69660000 Fax: 079-26768656