COSMO FIRST LIMITED — Others, 11-03-2025: Action(s) taken or orders passed

Cosmo First Limited has received an order from the Additional Commissioner of GST & Central Excise, Vadodara-I, demanding a payment of ₹2.71 Cr, including penalties for erroneous IGST refunds related to its export activities. The company is preparing to appeal this order and does not expect a material impact on its financial or operational health. This situation may raise concerns among investors regarding regulatory compliance; however, the company's proactive steps suggest management's confidence in mitigating the risk, leading to a neutral to positive outlook on investor sentiment.