Manyavar: Resolves Non-Compliance Issue with Compounding Fee

Manyavar has resolved a non-compliance issue related to packaging standards. The issue stemmed from a Show Cause Notice received on September 1, 2025, regarding missing information on product packaging. The company addressed the matter by paying a compounding fee of ₹50,000. This concludes the matter, ensuring continued compliance with legal metrology standards without significant financial impact.

Packaging Compliance Resolved

Manyavar (Vedant Fashions Limited) has successfully resolved a notice regarding non-compliance with packaging regulations. The initial Show Cause Notice was received on September 1, 2025, citing a lack of required information, specifically the absence of adequate blank space for net quantity declaration and the omission of the manufacturing/packing date on certain product packaging.

Resolution via Compounding Fee

To address the identified issue, Manyavar submitted a request on September 15, 2025, to compound the offense. The company then paid a compounding fee of ₹50,000 as directed by the authority. This fee was deposited, and the Authority was formally informed on September 23, 2025. The specific product affected was identified as a Kurta.

Details of Non-Compliance

The violation pertained to the absence of the required blank space for declaration of Net Quantity and lack of disclosure of the manufacturing/packing date on the product’s main display panel. This was considered a contravention of the relevant regulations. The company has confirmed that apart from the ₹50,000 compounding fee, there is no other material impact on the financial operations of the Company.

Source: BSE

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