SAPPHIRE NSE filing

Sapphire Foods Receives Demand Notice from ESIC Chandigarh

The RealCase readLow impact Neutral

Sapphire Foods received a demand notice from ESIC Chandigarh for ₹56 lakh related to dues of A.N. Traders before 2016. The company is evaluating and will respond to the notice.

Why it matters

The company states that the notice is not expected to have a material impact on its financial or operational activities.

The market read

The announcement is about receiving a demand notice, which is a factual update with no clear positive or negative implications for the company's future performance.

* Sapphire Foods India Limited has received a demand notice from the Employees’ State Insurance Corporation (ESIC), Office of Recovery Officer, Chandigarh. * The notice pertains to the recovery of outstanding dues, along with interest and costs, amounting to ₹56 lakh under Sections 45(c) to 45(l) of the ESIC Act, 1948. * The alleged dues relate to A.N. Traders Private Limited (ANTPL), with whom Sapphire Foods executed a business transfer agreement in August 2016. * The company received the demand notice dated 7 November 2025 through post on 18 November 2025. * The authority alleges non-payment of ESIC contribution (including interest, cost, etc.) amounting to ₹56 lakh by ANTPL for the period prior to 2016. * Sapphire Foods is currently evaluating the notice and will take necessary steps to respond, including challenging the demand for recovery at relevant forums. * The company believes that the notice will not have a material impact on its financial or operational activities.

Filing to action

What to do with a filing like this

Sapphire Foods India Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Sapphire Foods India Limited. Read the original for the full detail.

View original filing