Madhav Copper Limited has informed the Exchange about Action(s) taken or orders passed
MCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Madhav Copper Limited has disclosed receipt of an Assessment Order (Form GST DRC-07) under Section 74 of the Central Goods and Services Tax Act, 2017 from CGST/SGST authorities. The company filed an appeal against this order on March 10, 2026. The company stated that it believes there will not be a material impact on its financial, operational, or other activities due to this order. This disclosure was signed by Chairman & Whole-time Director Nilesh Patel and dated April 17, 2026.
This is a routine GST tax assessment being contested through the appeal process. The company management has indicated no material adverse impact is expected, which is a positive indicator for shareholders. However, the outcome of the appeal remains pending.