Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015 for Order issued by the GST Appellate Authority
REGAAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Regaal Resources Ltd has received a favorable Final Order dated May 21, 2026 from the Office of Additional Commissioner of State Tax (Appeals), Purnea, Bihar. The company had previously received a GST Demand Order for Rs. 2,17,33,500 (comprising tax of Rs. 1,22,21,214, interest of Rs. 82,49,319, and penalty of Rs. 12,62,967) for the period April 2021 to March 2022. The company filed an appeal against this demand, and the Appellate Authority has now fully set aside and quashed the entire demand. Consequently, no liability survives against the company in respect of this matter. The company states there is no financial impact as no amount is payable.
Positive for shareholders - the entire GST demand of Rs. 2.17 crore has been quashed, eliminating any potential financial liability from this tax dispute.