Announced Tue, 13 Oct, 2026 · 23:23 IST

GST authorities conducted inspection at Vasai manufacturing facility

Enforcement RaidRegulatory & Legal View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.8% vs market

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Maharashtra GST Department inspected and searched OM Galaxy's Vasai manufacturing units from October 6 to 12, 2026. The company fully cooperated and operations continued normally. No interim order or show cause notice was issued. GST officials made observations on procedural and routine compliance issues. The company has voluntarily deposited Rs 1.88 crore towards GST and interest and is consulting professional advisers to file replies.

Likely market impact

Limited near-term impact. Operations uninterrupted, Rs 1.88 crore voluntarily paid to address observations, no material financial hit disclosed so far.