Zuari Agro Chemicals Receives Four MCA Interim Orders Over Alleged Accounting Non-Compliances

Zuari Agro Chemicals has disclosed the receipt of four interim orders from the Regional Director, Western Region, Ministry of Corporate Affairs (MCA), Mumbai, dated 8th May 2026. The disclosure was made pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The orders relate to compounding applications filed under Section 441 of the Companies Act, 2013 for alleged non-compliances under Section 129 of the Companies Act, 2013.

Nature of Interim Orders

The four interim orders were passed by the Regional Director, Western Region, Mumbai, in connection with compounding applications submitted by the company's Executive Director, Promoter directors, Director, and Key Managerial Personnel (KMPs), including earlier directors and KMPs. The alleged non-compliances pertain to accounting disclosures and presentation matters, which the company characterised as unintentional and procedural in nature. The orders involve alleged violations under IND AS-33, IND AS-36, IND AS-37, and Schedule III of the Companies Act, 2013.

Details of Alleged Violations

The following table summarises the specific alleged violations cited in the interim orders:

Particulars:	Details
IND AS-33	Non-disclosure/presentation of Basic and Diluted EPS separately for FY 2019-20 to FY 2022-23
IND AS-36	Alleged non-compliance relating to impairment assessment of investment in Zuari Farmhub Limited for FY 2019-20 to FY 2022-23
IND AS-37	Alleged non-compliance relating to deferred tax assets and related disclosures for FY 2020-21 and FY 2021-22
Schedule III	Disclosure-related non-compliance relating to separate disclosure of legal and professional expenses for FY 2020-21 and FY 2021-22

Financial and Operational Impact

Zuari Agro Chemicals stated that the interim orders have no material impact on the financials, operations, or other activities of the company. The company itself was not levied with any compounding fees pursuant to the said orders. However, pursuant to the four interim compounding orders, a total compounding fee amounting to Rs. 66.00 lakhs was levied collectively on the Executive Director, Promoter directors, Director, CFO, Ex-Director, and Ex-CFO.

Regulatory Disclosure

The intimation was signed by Asheeba Pereira, Company Secretary, on 9th May 2026, and submitted to both BSE Limited and the National Stock Exchange of India Ltd. The company requested both exchanges to take the information on record. The disclosure was made in compliance with applicable SEBI LODR requirements governing timely intimation of orders and directions received from regulatory authorities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.04%	+3.88%	-10.80%	-18.85%	+4.03%	+125.57%

Zuari Agro Chemicals has intimated the stock exchanges of a change in its Corporate Identification Number (CIN), pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure, dated May 7, 2026, confirms that the company's CIN has been updated from L65910GA2009PLC006177 to L20121GA2009PLC006177. This development follows an earlier intimation dated March 20, 2026, regarding the alteration to the company's Memorandum of Association.

Reason for CIN Change

The change in CIN has been effected pursuant to the alteration of the object clause and the adoption of an Amended Memorandum of Association. These changes were approved by the members of the company through a Special Resolution passed via postal ballot on March 20, 2026. The updated CIN is now reflected in the Master Data of the company as available on the website of the Ministry of Corporate Affairs (MCA).

Updated Company Details as per MCA

The following key details are now reflected in the MCA master data for Zuari Agro Chemicals, as of May 7, 2026:

Parameter:	Details
New CIN:	L20121GA2009PLC006177
Previous CIN:	L65910GA2009PLC006177
Registration Number:	006177
Date of Incorporation:	10/09/2009
ROC Name:	ROC Goa
RD (Name and Region):	RD Mumbai, Western Region Directorate I
Registered Address:	JAI KISAAN BHAWAN, South Goa, ZUARINAGAR, Goa, India, 403726
Category:	Company limited by shares
Subcategory:	Non-government company
Class:	Public
Small Company:	No
Listed on Stock Exchange(s):	Yes
ACTIVE Compliance:	ACTIVE Compliant
Authorised Capital (Rs):	1,57,00,00,000
Paid-up Capital (Rs):	42,05,80,060
Date of Last AGM:	23/09/2025
Date of Balance Sheet:	31/03/2025
Company Status:	Active

Regulatory Compliance

The intimation has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has enclosed a copy of the updated MCA Master Data reflecting the new CIN for the records of the stock exchanges. The disclosure was signed by Asheeba Pereira, Company Secretary, on behalf of Zuari Agro Chemicals.