Pursuant to Reg. 30 of SEBI (LODR) Regulations, 2015, we wish to inform that the Company has received a notice from the Office of Assistant Director, Ministry of Labour & Employment, GOI, ....
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Polymechplast Machines Ltd informed the BSE that it received a notice dated 4th June 2025 (received on 10th June 2025) from the Office of the Assistant Director, Ministry of Labour & Employment, Government of India. The notice flagged a discrepancy in the company's compliance with the Compulsory Notification of Vacancy (CNV) requirements under the Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959. The company has already reviewed its records and submitted a list of employees who joined and resigned during FY 2024-25 to address the observation. The company stated it is taking all necessary actions to fix the compliance gap and will ensure strict adherence going forward. It clarified that there is no material financial impact from the notice at this stage.
This is a routine labour-law compliance matter with no material financial impact disclosed, so it is unlikely to meaningfully affect the stock price or shareholder value. Investors should monitor for any escalation or penalty but the issue appears administrative in nature.