JK Lakshmi Cement Limited has informed the Exchange about disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
JKLAKSHMI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JK Lakshmi Cement Limited received an order dated 30th April 2026 from the Joint Commissioner of State Tax, Durg Division, Chhattisgarh under Section 74 of the GST Act, 2017. The order has raised a tax demand of ₹179.19 Lakhs, interest of ₹33.46 Lakhs, and a penalty of ₹179.19 Lakhs totaling ₹391.84 Lakhs for FY 2023-24. The demand relates to disallowed Input Tax Credit. The company has stated there is no material impact on its financial, operational, or other activities. The company is in the process of filing an appeal before the Appellate Authority against this order.
Company classifies financial impact as NIL and plans to contest the order through appeal. The total demand amount of ₹391.84 Lakhs appears manageable given the stated position, though resolution of the appeal will determine actual liability.