Date: 14.08.2026
Legal / Regulatory Update
Authority Details:
- Name of Authority: District Collector, Surat
- Nature of Action: Withdrawal of order dated 01.05.2025 that demanded surrender of 121,302 Square Meter land allotted to the Company
- Date of Receipt of Order: 14.08.2026
Background of Original Order:
- Original order dated 01.05.2025 was issued due to alleged violations of conditions imposed by Collector, Surat vide order dated 20.11.1992
- The specific violations are not detailed beyond reference to the 1992 order conditions
Current Status:
- The Collector, Surat has completely withdrawn the surrender order dated 01.05.2025
- The withdrawal order is dated 14.08.2026
Impact Assessment:
- The company states there is "No Impact" on financial, operation or other activities
- The resolution is quantified as having no monetary impact on the company
Regulatory Context:
- Disclosure made pursuant to Regulation 30 of SEBI Listing Regulations
- Continuation of earlier intimation(s) dated 09.02.2026
- Annexure-1 provides details as required under sub-para 20 of Para A of Part A of Schedule III of SEBI Listing Regulations
Not Specified: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Disinvestment / Strategic Actions, Media Release / Investor Communication