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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.
Jyoti Ltd has received a GST Assessment Order for FY 2021-22 from the Office of the Assistant Commissioner of State Tax, Vadodara. The Department raised a total demand of Rs. 1.29 lakhs (including interest and penalty), which the company has already paid. Notably, the Department dropped a larger demand of Rs. 26.33 lakhs (including interest and penalty). The order follows a show cause notice sent on 30th September 2025 and was received on 26th December 2025.
Materially positive for shareholders — the GST Department dropped the bulk of the demand (Rs. 26.33 lakhs), and the remaining Rs. 1.29 lakhs has already been paid, meaning no further financial liability. Minimal impact on stock price given the small quantum.