Vishal Mega Mart Limited has announced that its subsidiary, Airplaza Retail Holdings Private Limited, has received an order from the Assistant Labour Commissioner Court in Fatehpur, Uttar Pradesh. The order relates to a violation of the Minimum Wages Act, 1948, resulting in a recovery demand of ₹13,83,888. The company has stated that the incident does not have a material impact on its overall business operations.
Details of the Regulatory Order
On April 15, 2026, Airplaza Retail Holdings Private Limited, a subsidiary of Vishal Mega Mart Limited, received an official order from the Assistant Labour Commissioner Court in Fatehpur, Uttar Pradesh. The directive follows a case filed by a Labour Inspector regarding non-compliance with Section 12 read with Rule 21 of the Minimum Wages Act, 1948.
Financial and Operational Implications
The court has directed the subsidiary to pay a total recovery amount of ₹13,83,888. Regarding the financial impact, the company clarified that it is limited to the penalty imposed by the authority. Management has confirmed that this development will have no material impact on the company’s ongoing operations or its broader business activities.
Next Steps
The subsidiary is currently in the process of thoroughly reviewing the order issued by the Labour Commissioner Court. Internal teams are evaluating the necessary next steps and potential legal or administrative actions to address the matter in line with statutory requirements.
Source: BSE
