Sundrop Brands Limited has made a disclosure to the stock exchanges pursuant to Regulation 30 of the SEBI Listing Regulations, read with Schedule III, specifically sub-para 20 of Para A of Part A.
The disclosure concerns a Notice-cum-Order received from the Office of the Regional P.F. Commissioner- II (Exemption), Regional Office, Kukatpally, Hyderabad. The order, dated 30th March 2026, levies a surcharge of ₹2,93,727 (Rupees Two Lakhs Ninety-three Thousand Seven Hundred and Twenty Seven only) on the company.
The surcharge is related to minor inadvertent deviations from the prescribed investment pattern by the company's Provident Fund Trust, Agro Tech Foods Provident Fund, for the financial year 2023-24.
Subsequent to receiving the order, the company submitted representations to the Authority seeking a waiver of the levied surcharge. The Authority issued a rejection letter dated 24th June 2026, which was received by the company on 25th June 2026. This letter rejected the company's request for a waiver and directed the company to remit the surcharge amount within 7 (seven) days.
The company states that the financial impact is limited to the disclosed surcharge amount of ₹2,93,727. It explicitly states there will be no material impact on the operations or other activities of the company.