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Awaiting price reaction for this filing.
NIS Management Ltd has received a Notice of Demand (Form ESI CP-2) dated 14 January 2026 from the Employees' State Insurance Corporation (ESIC), seeking recovery of alleged dues under Sections 45-C to 45-I of the ESI Act, 1948. The total demand amount is ₹64,55,685. The company is examining the notice and plans to file before the appropriate authority to seek a stay on its operation and enforcement. The disclosure has been made to BSE under SEBI LODR Regulation 30 read with Schedule III.
A potential liability of around ₹64.56 lakhs, which is relatively modest, but the dispute adds regulatory and compliance uncertainty. The company is contesting the demand, so near-term financial impact depends on the outcome of the stay application and subsequent proceedings.