Vedant Fashions Submits Quarterly Compliance Certificate for March 2026 Quarter

1 min read     Updated on 08 Apr 2026, 04:56 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Vedant Fashions Limited filed its Certificate under Regulation 74(5) with NSE and BSE for the quarter ended March 31, 2026, confirming compliance with SEBI depository regulations. The certificate, issued by RTA KFin Technologies Limited and submitted by Company Secretary Navin Pareek on April 07, 2026, verifies proper reporting of dematerialization and rematerialization activities to all relevant stock exchanges and depositories.

powered bylight_fuzz_icon
37149971

*this image is generated using AI for illustrative purposes only.

Vedant fashions Limited has submitted its mandatory quarterly compliance certificate to stock exchanges, confirming adherence to regulatory requirements for share transfer operations during the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, with both the National Stock Exchange of India Limited and BSE Limited on April 07, 2026. The submission was made by Company Secretary and Compliance Officer Navin Pareek.

Filing Details: Information
Certificate Date: April 01, 2026
Filing Date: April 07, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI Regulation 74(5)
Filed By: Navin Pareek, Company Secretary

Registrar and Transfer Agent Certification

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent (RTA) for Vedant Fashions Limited, issued the compliance certificate dated April 01, 2026. The certificate was signed by Ganesh Chandra Patro, Deputy Vice President at KFin Technologies Limited.

The RTA certified that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been furnished to all stock exchanges where the company's shares are listed, as required under the SEBI regulations.

Depository Communication

The compliance certificate was simultaneously submitted to both major depositories in India:

  • National Securities Depository Limited (NSDL) - Trade World, Lower Parel, Mumbai
  • Central Depository Services (India) Limited (CDSL) - Marathon Futurex, Lower Parel, Mumbai

Both depositories received identical certificates confirming the company's compliance with dematerialization and rematerialization reporting requirements for the specified quarter.

Corporate Information

Vedant Fashions Limited operates under the Manyavar brand and maintains its registered office at 19 Canal South Road, Paridhan Garment Park, Beliaghata, Kolkata. The company's shares are actively traded on major Indian stock exchanges, necessitating regular compliance with depository regulations.

This quarterly filing demonstrates the company's commitment to maintaining transparent share transfer operations and adhering to regulatory frameworks governing securities depositories in India.

Historical Stock Returns for Vedant Fashions

1 Day5 Days1 Month6 Months1 Year5 Years
+5.51%+13.31%+14.74%-40.03%-47.90%-55.21%

How might Vedant Fashions' share transfer compliance impact investor confidence and trading volumes in the upcoming quarters?

What strategic business developments could Vedant Fashions announce following this routine compliance milestone?

Will KFin Technologies Limited's role as RTA influence Vedant Fashions' future corporate actions or shareholder services?

Vedant Fashions settles Legal Metrology Act violation with ₹50,000 compounding fee payment

2 min read     Updated on 26 Mar 2026, 02:52 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Vedant Fashions Limited resolved a Legal Metrology Act violation by paying ₹50,000 compounding fee for non-disclosure of product size on labels at its Varanasi retail outlet. The violation was identified in December 2025, and the company completed the settlement process by March 2026. The regulatory matter has no significant impact on the company's financial or operational activities beyond the compounding fee payment.

powered bylight_fuzz_icon
36019362

*this image is generated using AI for illustrative purposes only.

Vedant Fashions Limited has successfully resolved a regulatory compliance issue by paying a compounding fee of ₹50,000 to settle an alleged violation under the Legal Metrology Act, 2009. The violation was identified during an inspection at one of the company's retail outlets in Varanasi, Uttar Pradesh.

Violation Details and Timeline

The regulatory action began when the company received a Seizure Memo dated December 16, 2025, from the Senior Inspector, Department of Legal Metrology (Weight & Measures), Lahurabir, Varanasi. The violation cited non-disclosure of product size on the label, specifically relating to a Pocket Square product, which contravenes Section 36(1) of the Legal Metrology Act, 2009 and Rule 9 of the Legal Metrology (Packaged Commodities) Rules, 2011.

Timeline: Date
Seizure Memo Received: December 16, 2025
Compounding Request Submitted: February 20, 2026
Authority Notice Issued: March 17, 2026
Compounding Fee Paid: March 24, 2026
Authority Informed: March 25, 2026

Regulatory Compliance Process

Following the seizure memo, Vedant Fashions submitted a formal request on February 20, 2026, seeking compounding of the offence with the minimum applicable fee. The Department of Legal Metrology responded with a notice on March 17, 2026, directing the company to deposit ₹50,000 as the compounding fee along with the prescribed method of compounding.

Financial and Operational Impact

The company has confirmed that the regulatory matter has minimal impact on its operations. According to the disclosure made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the only financial impact is the compounding fee payment of ₹50,000.

Compliance Details: Information
Authority: Office of the Senior Inspector, Department of Legal Metrology, Varanasi
Compounding Fee: ₹50,000
Product Involved: Pocket Square
Violation Type: Non-disclosure of size on product label
Financial Impact: Limited to compounding fee amount

Resolution and Disclosure

Vedant Fashions completed the compounding fee payment on March 24, 2026, and formally notified the authority through a letter dated March 25, 2026. The company received confirmation of the direction on March 25, 2026 at 16:10 hours. This regulatory disclosure was made by Company Secretary and Compliance Officer Navin Pareek, ensuring full transparency with stock exchanges and stakeholders regarding the compliance matter and its resolution.

Historical Stock Returns for Vedant Fashions

1 Day5 Days1 Month6 Months1 Year5 Years
+5.51%+13.31%+14.74%-40.03%-47.90%-55.21%

Will Vedant Fashions implement company-wide labeling audits across all retail outlets to prevent similar violations?

Could this compliance issue signal potential regulatory scrutiny intensification for fashion retailers in India?

How might this violation affect Vedant Fashions' expansion plans in Uttar Pradesh and other states?

More News on Vedant Fashions

1 Year Returns:-47.90%