Andrew Yule & Company Ltd — Important, 29-08-2025: Company Update

The company has received a notice from BSE imposing a fine of Rs 0.10 Cr for non-compliance with certain board and committee-related regulations during the April-June quarter. As a Central Public Sector Enterprise, the power to appoint directors rests with the President of India. The company has requested a waiver of the fine and is engaging with its administrative ministry to appoint the necessary independent directors to address these compliance issues. This notice impacts the company's compliance status and potential financial obligations.