Bonlon Industries Limited has informed the Exchange about Action(s) taken or orders passed
BONLON · price
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Bonlon Industries has received an order from the Deputy Commissioner of the GST Department in Bhiwadi, Rajasthan dated 25th March 2026, under Section 74 of the GST Act. The order relates to a demand notice for tax and penalty covering the period from April 2019 to March 2020. The company has stated it believes it has a strong case on merit and will be filing an appeal before the appropriate appellate authority. The company asserts that the matter can be defended without any financial impact. The company has committed to updating the stock exchanges on any further material developments.
This is a tax-related demand from the GST authorities for a past period (FY2019-20). While the company plans to appeal and believes there will be no financial impact, until the appeal is resolved, the order remains a potential liability. Investors should monitor the appeal outcome as adverse rulings could affect financials.