Ador Welding Limited has paid a ₹34 lakh fine imposed by the Court of the Judicial Magistrate First Class, Bhiwandi, for violating the Bureau of Indian Standards Act. The court disposed of the matter on October 13, 2026, following the payment made under Section 357 of the Code of Criminal Procedure.

The legal action stemmed from a contravention of Section 17(3) of the Bureau of Indian Standards Act 2016. The specific violation involved possessing welding wire-flux cored products without holding a valid authorization or license. The company confirmed that the full amount was paid in the court on October 13, 2026.

Regulatory Disclosure Details

The company intimated this development to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This filing serves as an update to a previous communication dated July 14, 2023, regarding the same BIS matter.

Impact on Operations

Ador Welding stated that there is no material impact on its financials, operations, or other activities due to this penalty. The fine represents a one-time settlement for the regulatory non-compliance identified by the authorities. The company’s management has taken note of the order and acknowledged the receipt of the certified copy from the court.

Ador Welding Ltd has closed its trading window effective October 1, 2026. This closure precedes the declaration of the company's unaudited financial results for the second quarter and half year ended September 30, 2026.

The restriction applies to directors, connected persons, designated persons, and their immediate relatives. They are prohibited from dealing in the company's securities during this period to prevent the misuse of unpublished price sensitive information (UPSI).

Regulatory Compliance and Timeline

The company issued this intimation on September 28, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The specific clause invoked is Clause 4 of Schedule B, read with recent SEBI circulars from July 2023 and April 2025.

The trading window will remain closed until 48 hours after the public announcement of the standalone and consolidated financial results. The board meeting to approve these results will be notified in due course.

Key Details of the Closure

This procedural step ensures adherence to the company's Code of Practices and Procedures for fair disclosure of UPSI. The notice was formally communicated to all relevant internal stakeholders on the date of intimation.