FGP Ltd — Important, 02-09-2026: Company Update

FGP Limited has received a demand notice from the Maharashtra Labour Welfare Board concerning alleged non-payment of statutory contributions. The notice aggregates to Rs. 0.39 Crore, which includes Rs. 0.29 Crore in penal interest, spanning a period from June 1998 to June 2025. The company is evaluating this demand notice and intends to seek appropriate legal remedies to contest it. This represents a potential financial obligation for the company related to historical labour welfare contributions, which they plan to challenge.