Vishal Mega Mart Ltd

Vishal Mega Mart Subsidiary Faces ₹4 Lakh Penalty 🏢⚖️

- Subsidiary Airplaza Retail Holdings received a court order imposing a ₹4,00,000 penalty.

- Penalty relates to alleged violations of the Food Safety and Standards Act, 2006.

- Inspection occurred on May 19, 2025.

- Financial impact is limited to the penalty amount.

- No material effect on company operations or other activities.

- Subsidiary is reviewing the order and evaluating next steps.