V-Guard Industries Limited — Others, 27-02-2025: Action(s) taken or orders passed

V-Guard Industries Ltd. has received a demand order from the Assistant Commissioner of CGST and Central Excise, Lucknow, regarding a tax payable of ₹1.08 crore due to alleged excess availment of input tax related to FY 2020-21. This order includes a tax demand of ₹0.98 crore and a penalty of ₹0.10 crore. The financial implications could affect the company’s liquidity and operational planning. Investors should consider this situation as a potential risk, which may impact sentiment if further liabilities arise or if it affects the company's financial positioning.