Vedant Fashions Limited has informed the Exchange regarding receipt of an Order-In-Original dated December 26, 2025 from the Office of the Assistant Commissioner, State Tax, Raipur-8, Raipur Division-2, Chattisgarh, under the CGST Act 2017, vide the enclosed letter.
MANYAVAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vedant Fashions, the parent company of popular ethnic wear brand Manyavar, has received a tax order dated December 26, 2025 from the Office of the Assistant Commissioner of State Tax in Raipur, Chhattisgarh. The order has been issued under the Central Goods and Services Tax (CGST) Act, 2017. The specific nature, quantum of tax demand, or any penalty amounts have not been disclosed in the filing. This appears to be a routine tax assessment order from state GST authorities and the company has informed the stock exchange as part of disclosure compliance.
Investors should monitor further disclosures for details on the tax demand amount, as material tax liabilities could impact short-term profitability. However, standalone GST orders from state authorities are generally not material unless the demand is significant.