Rachana Infrastructure Legal & Regulatory
Rachana Infrastructure reported internal fraud by an employee involving unauthorized transfers of ₹0.84 Crore. The company has filed an FIR and terminated the employee.
- Value
- ₹0.84 Cr
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Rachana Infrastructure reported internal fraud by an employee involving unauthorized transfers of ₹0.84 Crore. The company has filed an FIR and terminated the employee.
Rachana Infrastructure received a SEBI administrative warning for non-compliance with IPO disclosure regulations. The regulator noted discrepancies in the company's reported order book value.
Rachana Infrastructure Limited received a GST order-in-appeal confirming a ₹1.19 Crore ITC demand. The company intends to challenge this order through appropriate legal remedies.
Rachana Infrastructure Limited received a GST demand order for ₹1.24 Crore plus interest and penalties from the Commissioner of CGST (Appeals), Surat. The demand relates to alleged ineligible input tax credit. The company intends to appeal the order before the Appellate Tribunal and does not expect a material financial impact.