Kotyark Industries Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 Visit by Government Officials at Rajasthan Factory'.
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On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 4.5 pts less than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kotyark Industries informed the stock exchange that on July 2, 2025, the Agriculture Minister of Rajasthan along with his team conducted a surprise inspection at the company's manufacturing plant in Swaroopgunj, Sirohi district, Rajasthan. During the visit, officials made preliminary observations about the company's operations and raised allegations regarding tax compliance, which the company has strongly denied. The company stated it is fully cooperating with authorities and that no formal notice or written communication has been received yet. Manufacturing operations at the Rajasthan plant remain fully functional and unaffected by the visit. The company also cautioned investors against unverified speculative information circulating on social media.
The news of a surprise government inspection and tax-related allegations could create short-term uncertainty and negative sentiment around the stock, though the company's denial and confirmation of normal operations may limit the downside. Investors should watch for any formal notice or further regulatory development.