Prism Johnson Limited has informed the Exchange about Action(s) initiated or orders passed
PRSMJOHNSN · price
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Prism Johnson informed the exchanges that a GST inspection and search action conducted by the Maharashtra State Tax authorities at some of its offices and a manufacturing unit in Maharashtra has been concluded as of February 12, 2026. The action was carried out under Section 67 of the Maharashtra GST Act, 2017 by the office of the Deputy Commissioner of State Tax. The company said it fully cooperated with the officials and described the process as peaceful and cordial. It also clarified that there is no material impact on its financials, business operations, or other activities at this stage, and promised to update the exchanges if any material development arises later.
No immediate financial or operational impact on the company; the matter appears to be a routine tax inspection that has been closed. Shareholders should watch for any follow-up intimation if the GST authority raises a demand or penalty, but as of now the company has flagged no adverse consequence.