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MRPL received a Customs order demanding ₹1,39,871 plus interest and penalty for 2021 tariff misclassification. The company is considering challenging the order after depositing the money.
The Karnataka High Court dismissed an appeal against MRPL regarding a CENVAT credit dispute. The favorable order resolved a tax matter involving ₹173.77 Crore.
MRPL received notices from BSE and NSE levying fines for board composition non-compliance. The company is seeking a waiver for these penalties totaling ₹0.28 Crore.
MRPL received Rs.0.11 Crore in fines from BSE and NSE for board composition non-compliance. The company is seeking a waiver as director nominations are government-controlled.
MRPL received a favorable CESTAT order extinguishing a ₹616.82 Crore customs demand. The company is now eligible for a ₹212.53 Crore refund, improving cash flow.