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Vedant Fashions Limited ( (IN:MANYAVAR) ) has provided an announcement.
Vedant Fashions Limited has complied with a directive from the Department of Legal Metrology in Uttar Pradesh regarding a violation under the Legal Metrology Act, 2009. The company was required to pay a compounding fee of ₹50,000 due to non-disclosure of size and insufficient space for quantity declaration on product labels. This incident does not have any significant impact on the company’s financial or operational activities.
More about Vedant Fashions Limited
Vedant Fashions Limited operates in the fashion industry, specializing in ethnic wear. The company is known for its brand ‘Manyavar’ and focuses on providing traditional Indian clothing.
Average Trading Volume: 10,340
Technical Sentiment Signal: Sell
Current Market Cap: 171.9B INR
Find detailed analytics on MANYAVAR stock on TipRanks’ Stock Analysis page.