Thirumalai Chemicals received a customs audit observation demanding Rs. 0.2452 Crore for alleged ineligible export benefits. The company contests the demand as erroneous and insignificant.
Value
₹0.25 Cr
From
Assistant Commissioner, Office of Commissioner of Customs Audit Chennai
Allied Blenders and Distillers Limited disclosed a Directorate of Revenue Intelligence visit regarding an industry-wide HSN code review. The company confirmed no financial or operational impact.
Walchandnagar Industries informed exchanges that customer JUD Cements Limited has entered CIRP. The company holds machinery with a gross recoverable value of Rs. 16.57 Crore.
The Board addressed the exchange fines for the delayed submission of Q1 FY2026 financial results, attributing the delay to a change in statutory auditors. Fines are paid.
Southern Magnesium and Chemicals Ltd announced the conclusion of tax proceedings by the Special Circle, Rajamahendravaram, resulting in zero tax demand on the company.
HUDCO Board noted LODR fines of ₹0.12 Crore for board quorum and committee non-compliance in Q1 FY27. Board requested waiver citing government-company appointment constraints.
Paisalo Digital's board noted the BSE fine under LODR Reg 60(2) and its pending waiver application. The company will follow up on the waiver and ensure future compliance.
SAT adjourned Bhageria Industries' appeal against SEBI's March 2023 adjudication order, now set for January 5, 2027. The SEBI order remains stayed pending final disposal.
MPCB forfeited a ₹25 Lakh bank guarantee from Garware Hi-Tech Films for alleged consent-condition non-compliance. The company states no material impact on business operations.
Sterling and Wilson Renewable Energy settled a tax dispute with the Kenya Revenue Authority, reducing the demand to ₹2.66 Crore from an earlier ₹26.50 Crore.
TBO Tek Limited received a FEMA adjudication order imposing a penalty of ₹22.22 crore on the Company and ₹2.47 crore each on its two Joint Managing Directors.
Laxmi Dental Limited's subsidiary, Laxmi Dental Lab USA, INC, received a tariff refund of approximately INR 5.92 Crore from U.S. Customs and Border Protection.
Container Corporation received tax penalty orders totaling Rs. 0.62 Crore from the Joint Commissioner of State Tax for FY 2018-20. The company intends to file an appeal.
Value
₹0.62 Cr
From
Joint Commissioner of State Tax, (Appeals) IV, Bandra, Mumbai
Indrayani Biotech received a tax recovery notice for outstanding demands totaling ₹1.17 Crore for various assessment years, for which the company has filed responses.
Container Corporation of India received a GST demand order from the Joint Commissioner of State Tax totaling ₹5.82 Crore, including tax, penalty, and interest.
Himalayan Solar received two ROC adjudication orders imposing a total penalty of ₹0.19 Crore for private placement non-compliances during FY2015-16 and FY2016-17.
Tata Communications informed that the National Court of Spain ruled in its favor, annulling a VAT demand and penalty imposed on its subsidiary, TC Spain.
Shashijit Infraprojects received a GST advisory for ₹0.44 Crore in self-assessed tax and interest spanning FY 2022-26. Financial impact remains subject to verification and reconciliation.
Shashijit Infraprojects disclosed an update on its High Court of Gujarat property dispute with Vapi Municipal Corporation. The matter was adjourned to 23 Oct 2026 with no merits adjudicated.
P.E. Analytics filed an NCLT application seeking directions to convene subsidiary Propedge Valuations' failed AGM. The matter is pending before the New Delhi bench.
Goa Carbon received an Income Tax rectification order for AY 2010-11 fixing a refund of Rs.22.22 Lakhs. The company is evaluating its pending Writ Petition.
Harish Textile Engineers disclosed a GST show cause notice proposing Rs.23,02,781 refund rejection for Q1 FY27. The firm is preparing its response for the 22 October hearing.
Schaeffler India's MD and CEO, Mr. Harsha Gopal Kadam, was taken into police custody regarding a fatal accident investigation at its Pune factory. Operations remain unaffected.
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