BSEWhite Organic Retail LtdHighNegative
Announced Wed, 17 Dec · 20:38 IST

The company has received a notice for conduction of Audit under section 65 of the Maharashtra Goods and Services Tax Act, 2017.

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

White Organic Retail Ltd, now renamed Diva Organic Living Limited, has received a notice from the Maharashtra Goods & Service Tax Department for conducting an audit of its books and records for FY 2022-23 under Section 65 of the Maharashtra GST Act, 2017. The audit pertains to the company's exempted supply transactions during that financial year. The notice was received on December 17, 2025. The company has stated it is taking appropriate action to deal with the matter and has clarified that there is no material financial impact from this notice.

Likely market impact

No material impact on financials as per company disclosure. However, the outcome of the GST audit could lead to potential tax liabilities, penalties, or demands, which may affect future financials if any non-compliance is found.