Aprameya Engineering Limited — Others, 28-11-2024: Delay/default in the payment of fines/penalties/dues etc. to authority

Aprameya Engineering Limited has received a notice from the Employees' State Insurance Corporation (ESIC) concerning non-compliance with the ESI Act for the period from December 28, 2021, to April 2022. The company must rectify this by making the required payments within 15 days to avoid potential legal action. The notice emphasizes the importance of immediate compliance to prevent penalties.

This situation poses a potential risk to the company’s financial health and could impact investor sentiment, especially if legal repercussions arise. Addressing this compliance matter swiftly may help maintain operational stability and a positive outlook among shareholders.