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Incorporated in 1996, it is an FMCG product distribution company engaged in the distribution of branded packaged foods, Personal care products, Education and stationery products, Matches and Agarbatti, and tobacco products to large FMCG companies.
Shanthala FMCG Products Limited has applied to the Registrar of Companies for a three-month extension to hold its Annual General Meeting. Finalization of financial statements and the meeting schedule are delayed due to an ongoing forensic audit of the company's books of accounts.
SHANTHALA faces NSE fines of Rs. 265,500 for delayed submission of financial results for the half year and financial year. The delay is due to material discrepancies in books, prompting a forensic audit. The Board resolved to pay fines and seek a waiver after compliance.
Shanthala FMCG's Board reviewed forensic audit progress & noted NSE non-compliance. Significant update: Distributorship arrangement with Hindustan Unilever Limited has been terminated. #SHANTHALA #FMCG
Shanthala FMCG Products Limited has informed the Exchange about change in Forensic Auditor.
Shanthala FMCG Products Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018