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Flex Foods Ltd has received an order from the Office of the Additional Commissioner, Adjudication CGST, Delhi North, dated December 30, 2025. The order raises a demand of Rs. 3.10 crore for misclassification of goods sold, covering financial years 2018-19 to 2024-25. A penalty equivalent to the demand amount (another Rs. 3.10 crore) has also been imposed, taking total potential liability to roughly Rs. 6.19 crore. The company has stated that it believes the demand is not maintainable and is preparing to file an appeal against the order.
Short-term negative sentiment is likely as the stock may react to the tax demand, though the company is contesting it. If the appeal fails, the combined demand and penalty of about Rs. 6.19 crore could meaningfully impact financials, but the actual hit depends on the appeal outcome and any relief obtained.