Huhtamaki India fined ₹17.5 lakh for occupancy certificate delay

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Huhtamaki India faces a ₹17,54,823 penalty for delaying occupancy certificate approval
  • The fine was imposed by the Dadra and Nagar Haveli Planning and Development Authority
  • The violation relates to the company's factory premises in Silvassa
  • Management confirms no operational or financial impact beyond the penalty amount
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Huhtamaki India Limited received a penalty notice of ₹17,54,823 from the Dadra and Nagar Haveli Planning and Development Authority for delaying the issuance of an occupancy certificate for part of its factory premises in Silvassa.

The demand notice, dated September 10, 2026, was issued by the Assistant Engineer of the authority. It pertains to the company’s facility located at Survey No. 97, Umerkoi, Silvassa. The penalty is a condition for the approval of the occupancy certificate.

Regulatory Disclosure

The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Ramya Mohan, Whole Time Director, on September 11, 2026.

Penalty Details

Particulars Details
Authority Assistant Engineer, Dadra and Nagar Haveli Planning and Development Authority
Violation Delay in obtaining Occupancy Certificate for part of factory premises
Location Survey No. 97, Umerkoi, Silvassa - 396230, Dadra & Nagar Haveli
Penalty Amount ₹17,54,823
Date of Notice September 10, 2026

The company stated that apart from the payment of the penalty, there is no impact on its financial or other operations. The Silvassa plant team received the notice in person on the date of issue.

Historical Stock Returns for Huhtamaki PPL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.57%-6.51%-12.22%+50.81%+4.99%-11.62%

Will the payment of this penalty accelerate the issuance of the occupancy certificate, or are there additional compliance hurdles for the Silvassa facility?

Does this incident indicate broader regulatory scrutiny on Huhtamaki's manufacturing sites in Dadra and Nagar Haveli, potentially affecting other plants?

How might this delay impact the production capacity utilization of the Umerkoi facility in the upcoming quarter?

Huhtamaki India appoints Akanksha Kandoi as company secretary

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Reviewed by
Riya DScanX News Team
Key Highlights

Huhtamaki India Limited appointed Akanksha Kandoi as Company Secretary and Compliance Officer effective August 24, 2026. The Board approved the decision on August 19, 2026. Ms. Kandoi has over 23 years of experience in corporate governance and regulatory compliance.

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Huhtamaki India Limited has appointed Akanksha Kandoi as its Company Secretary and Compliance Officer, effective August 24, 2026. The Board of Directors approved the appointment during a meeting held on August 19, 2026, following a recommendation from the Nomination and Remuneration Committee.

Ms. Kandoi brings over 23 years of experience in corporate governance, secretarial compliance, and regulatory matters. Her expertise covers Board governance, the Companies Act, SEBI Regulations, FEMA, and multi-entity compliance frameworks.

Appointment Details

The appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details are outlined below:

Particulars Details
Appointee Akanksha Kandoi (Membership No: F6883)
Role Company Secretary and Compliance Officer
Effective Date August 24, 2026
Term Full-time employment
Experience Over 23 years

The Board meeting commenced at 4:00 pm and concluded at 4:10 pm. The company stated that Ms. Kandoi will serve in full-time employment, making a fixed term of appointment not applicable.

Historical Stock Returns for Huhtamaki PPL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.57%-6.51%-12.22%+50.81%+4.99%-11.62%

How might Akanksha Kandoi's extensive experience in SEBI regulations and FEMA influence Huhtamaki India's approach to upcoming regulatory changes in the packaging sector?

What specific corporate governance reforms or compliance enhancements does the Board anticipate implementing under Ms. Kandoi's leadership?

Could this appointment signal Huhtamaki India's strategic intent to expand into new international markets requiring complex multi-entity compliance frameworks?

More News on Huhtamaki PPL

1 Year Returns:+4.99%