Nilkamal Limited has informed the Exchange about Action(s) initiated or orders passed
NILKAMAL · price
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Awaiting price reaction for this filing.
Nilkamal Limited has received a tax order (Form GST DRC-01A) from the Office of the Assistant Commissioner of State Tax, Mumbai, under Section 73(5) of the GST Act, 2017, for the financial year 2021-22. The total demand raised is Rs. 3,55,946, which includes a tax component of Rs. 1,75,644, interest of Rs. 1,62,738, and a penalty of Rs. 17,564. The order was received on 23rd September 2025, and the company has stated it will pay the demanded amount. Management has clarified that there is no material impact on the company's financial or operational activities due to this order.
The demand amount is very small relative to the size of the company and management has confirmed no material financial or operational impact, so this is unlikely to affect the stock price or shareholder value meaningfully.