ACMESOLARNSEAcme Solar Holdings LimitedHighNegative
Announced Mon, 13 Apr · 22:21 IST

Acme Solar Holdings Limited has informed the Exchange about update on show cause cum demand notice

Regulatory & Legal View source PDF

ACMESOLAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹283.90
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₹289.75
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AI summary

Acme Solar Holdings Limited has received a show cause cum demand notice (SCN) from GST authorities, as previously disclosed on March 29, 2026. The company has now taken legal action by filing a civil writ petition before the Rajasthan High Court on April 13, 2026, to challenge the SCN. This disclosure is made under SEBI Listing Regulations and the company has provided the required details in the prescribed format. The matter is currently at the litigation stage and no settlement or penalty amount has been disclosed. The company is actively contesting the government tax demand through judicial channels.

Likely market impact

This indicates an ongoing GST tax dispute that the company is actively defending. Shareholders should monitor for further updates as the legal proceedings progress, as any adverse outcome could result in tax liability. The filing shows the company is taking steps to protect its interests through court action.