Zuari Agro Chemicals Receives Four MCA Interim Orders Over Alleged Accounting Non
Zuari Agro Chemicals disclosed four interim orders from the MCA's Regional Director, Western Region, Mumbai, dated 8th May 2026, related to compounding applications for alleged non-compliances under Section 129 of the Companies Act, 2013. The violations span accounting disclosure and presentation matters under IND AS-33, IND AS-36, IND AS-37, and Schedule III across FY 2019-20 to FY 2022-23. While the company faces no material financial or operational impact and was not levied any compounding fees, a total of Rs. 66.00 lakhs was collectively imposed on the Executive Director, Promoter directors, Director, CFO, Ex-Director, and Ex-CFO.
