Intimation Under Regulation 30 Regarding Compounding Under The Legal Metrology Packaged Commodities Rules, 2011.
MANYAVAR · price
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Awaiting price reaction for this filing.
Vedant Fashions (known for the Manyavar brand) received a show cause notice from the Legal Metrology Department in Jammu & Kashmir for not displaying the manufacturer's name, address, and customer care details on product packaging, in violation of Rule 9 of the Packaged Commodities Rules, 2011. The company applied for compounding of the offence, and the authority directed it to pay a compounding fee of ₹50,000. The company has already deposited the fee on January 9, 2026, and informed the authority on January 12, 2026, thereby settling the matter. The company has confirmed there is no other financial or operational impact beyond this small fee.
This is a minor compliance issue with a negligible financial penalty (₹50,000) for a company of Vedant Fashions' scale and is unlikely to have any meaningful effect on the stock price or shareholder value. The matter has been fully resolved through the compounding process.