Vedant Fashions Limited has informed the Exchange regarding the compounding under the Legal Metrology Act, 2009, vide the enclosed letter.
MANYAVAR · price
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Awaiting price reaction for this filing.
Vedant Fashions (operator of the Manyavar brand) received a show cause notice on September 1, 2025, from the Department of Legal Metrology in Agra over packaging non-compliance of a Kurta sold at one of its retail outlets. The issue was that the Net Quantity declaration on the main label did not have the required blank space, and the date of manufacturing/packing was missing. Instead of contesting, the company opted for compounding, paid the prescribed fee of ₹50,000 on September 22, 2025, and informed the authority the next day. The company has confirmed there is no other financial or operational impact beyond this ₹50,000 outflow. The disclosure is being made under SEBI Listing Regulations as a regulatory intimation.
This is a minor, routine compliance matter with a negligible financial impact (₹50,000 is trivial for a company of Vedant Fashions' size) and is unlikely to have any meaningful effect on the stock price or shareholder value.