VMM Subsidiary Fined ₹13.84 Lacs for Minimum Wages Act Violation

Vishal Mega Mart Ltd's subsidiary, Airplaza Retail Holdings Private Limited, has received an order from the Assistant Labour Commissioner Court - Fatehpur, Uttar Pradesh. The order, dated April 15, 2026, pertains to a violation under Section 12 read with Rule 21 of the Minimum Wages Act, 1948, related to minimum wages. The court has directed a recovery amount of ₹13,83,888/-. The company stated that the financial impact is limited to this penalty, with no material impact on its operations or other activities. The subsidiary is currently reviewing the order and evaluating its next steps.