Pursuant to the provisions of Regulation 30 of SEBI LODR 2015, Intimation of Interim orders received from Regional Director, Western Region, Mumbai

Zuari Agro Chemicals Ltd has received four interim orders from the Regional Director, Western Region, Ministry of Corporate Affairs, Mumbai, related to compounding applications filed under Section 441 of the Companies Act, 2013. The orders address alleged non-compliances under Section 129 relating to accounting disclosures and presentation matters across multiple fiscal years (FY 2019-20 to FY 2022-23). The specific violations involve IND AS-33 (EPS disclosure), IND AS-36 (impairment assessment of investment in Zuari Farmhub Limited), IND AS-37 (deferred tax assets disclosures), and Schedule III (legal and professional expense disclosures). The company claims these were unintentional and procedural in nature. A total compounding fee of Rs. 66.00 lakhs was levied on Executive Director, Promoter directors, Director, CFO, Ex-Director and Ex-CFO. The company states there is no material impact on its financials or operations.