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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Continental Chemicals Ltd has received a notice dated 29 September 2025 from the Deputy Commissioner of State Tax, Sector-1, Noida under Section 74 of the CGST/UPGST Act, 2017 read with Section 20 of the IGST Act, 2017. The notice pertains to IGST and the ascertained tax, interest, and maximum penalty amount is Rs. 5,62,126 each, totaling a potential exposure of around Rs. 16.86 lakhs. The company has stated it is seeking legal advice and will take appropriate action in consultation with its legal counsel. The disclosure is being made under SEBI LODR regulations to ensure compliance and transparency with stakeholders.
The financial impact is relatively small for a listed company, but the matter could lead to additional tax outflow if the notice is upheld. Shareholders should monitor further updates as the outcome of legal consultation is awaited.