Panorama Studios International Legal & Regulatory
Panorama Studios explains to the BSE that a delay in disclosing an Income Tax search was due to internal verification efforts. The company pledges future compliance.
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Panorama Studios explains to the BSE that a delay in disclosing an Income Tax search was due to internal verification efforts. The company pledges future compliance.
Maruti Suzuki informed that the NCLAT hearing previously scheduled for November 2, 2026, will not proceed. The next hearing date will be notified subsequently.
India Glycols received a GST penalty order of ₹0.06 Crore from the Uttarakhand State Tax Officer, which the company intends to appeal.
Kheria Autocomp reported an insider trading code violation by a promoter. The Audit Committee issued a formal warning to the promoter for the inadvertent trade.
Rathi Steel & Power Ltd received a GST demand order of ₹0.59 Crore. The company intends to contest the demand, citing no material impact.
ADF Foods' subsidiary executed a settlement for US$ 1.75 million (approx. ₹16.8 Crore) to resolve litigation with Ascot Valley Foods Ltd regarding previous monetary judgments.
Biocon received a GST demand order for ₹3.21 Crore, including tax, interest, and penalty. The company intends to file a rectification application or appeal.
Dreamfolks Services received a GST show cause notice totaling Rs. 1.58 Crore. The company anticipates no immediate material financial impact from this matter.
Krishanveer Forge Ltd disclosed a civil suit (Special Civil Suit No. 189/2026) challenging the company's title to a land parcel acquired in 1991. Claims total ₹4.6 Crore.
Krishanveer Forge is party to a special civil suit filed by Usha Dattatraya Khatpe regarding a 1991 land sale deed. The company intends to contest the matter.
Garware Hi-Tech Films reported a Code of Conduct violation by a designated person, resulting in a ₹5,000 penalty deposited into the SEBI-IPEF account.
Vindhya Telelinks received a GST demand order from the Commissioner (Appeals) totaling ₹0.16 Crore, covering GST, interest, and penalty for FY 2018-19 to 2022-23.
Siemens Energy India reported an adverse Russian court order directing it to pay approx. ₹49.59 Crore. The company intends to legally challenge any enforcement efforts.
Kalpataru Projects International Limited received a GST order demanding a penalty of ₹1.05 Crore. The company intends to appeal this order before the Appellate Authority.
ITAT quashed a reassessment order, removing a ₹13.40 crore income tax addition for AY 2017-18. The company's appeal was allowed, providing a favourable legal outcome.
MCX has levied an aggregate monetary penalty of ₹28.10 Lakh on the Company for alleged abnormal/non-genuine client trades, which will be recovered from those clients.
Medplus Health Services reported a one-day drug license suspension at a Telangana store due to compliance violations. The estimated financial impact is Rs 0.001 Crore.
Emkay Global Financial Services faces a ₹0.83 Crore penalty from the NSE regarding client code modifications. The company plans to appeal this regulatory order.
Lokesh Machines received an order from EPFO for outstanding PF dues of ₹1.16 Crore, concerning contributions between 2010 and 2018. The company is evaluating legal remedies.
Deepak Builders & Engineers India Limited received an order from the CGST Appeals authority, imposing tax and penalty totaling Rs. 5.01 Lakhs.
Rane Holdings' subsidiary Rane Steering Systems received a GST order dropping a tax demand of ₹10.07 Crore. The proceedings are concluded in the company's favor.
Afcons Infrastructure received a GST demand order for Rs. 1.18 Crore for FY 2020-21. The company contests the order and denies any financial impact.
Alivus Life Sciences Limited received a GST order for FY 2020-22 involving a tax demand and penalty of Rs. 0.51 Crore. The company is currently assessing an appeal.
Shree Balaji (Mala) Textiles Ltd received a final GST assessment order following an inspection. The company paid Rs.0.15 Crore in taxes, interest, and penalties across three fiscal years.
Jagran Prakashan Limited provided an update on ongoing NCLT proceedings involving company petitions. The tribunal has adjourned the matter for further arguments until October 26, 2026.
JK Agri Genetics Ltd has filed a legal application for arbitrator appointment against Agro Deal. The claim seeks recovery of an outstanding balance totaling Rs. 0.68 Crore.
Karnataka High Court directs KIADB to address Master Components' alternate plot allotment request within six weeks. The 2016 writ petition was allowed in part.
Supreme Court of Russia rejected Siemens Energy India's appeal, upholding an arbitral award of ₹44.38 Crore. The company will resist enforcement of the order in Indian courts.
Lemon Tree Hotels' subsidiary, Sukhsagar Complexes, received a favourable order from the CGST appellate authority, which quashed a tax demand and penalty imposed against it.
Lemon Tree Hotels' subsidiary, Sukhsagar Complexes, successfully appealed a GST demand. The Commissioner (Appeals) set aside the Rs. 0.02 Crore demand and penalty in full.