Action(s) taken or orders passed

Huhtamaki India Limited has received a demand notice from the Dadra and Nagar Haveli Planning and Development Authority for a penalty amounting to Rs. 0.18 Cr, which is required to secure an Occupancy Certificate for part of its factory premises in Silvassa.

This fine has been levied due to a delay in obtaining the certificate for that specific section of the facility.

The company has clarified that this penalty is the sole financial consequence, with no broader impact on its day-to-day operations or overall business activities, keeping the financial outflow minimal for shareholders.