Sudarshan Chemical Industries Limited has informed the Exchange about Action(s) taken or orders passed
SUDARSCHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sudarshan Chemical Industries has received a GST order (Form DRC-07) dated 30 December 2025 from the Office of Deputy Commissioner of State Tax, Pune, for the period April 2021 to March 2022. The total demand is Rs. 50.58 crore, which includes Rs. 26.90 crore in tax, Rs. 20.98 crore in interest, and Rs. 2.69 crore in penalty. The order follows a tax audit and a notice (DRC-01) to which the company had already responded. The company says it believes it has a strong case on all points raised and is in the process of filing an appeal with the appropriate authority. Management has stated there is no expected impact on the company's financial position, operations, or other activities from this order at this stage.
A demand of Rs. 50.58 crore is material but not yet payable as the company is appealing. Short-term sentiment may see mild negativity, though management's confident stance and appeal route limit immediate concern. Investors should watch the appeal outcome, as an unfavourable ruling could pressure earnings.