Emami Paper Mills Limited — Others, 07-02-2025: Action(s) taken or orders passed

Emami Paper Mills has reported that the GST Authority confirmed a demand for recovery of Input Tax Credit (ITC) amounting to ₹9.62 crore, following an original demand of ₹9.70 crore, including interest and penalties. The order was issued by the Additional Commissioner on February 6, 2025. The company is currently assessing the order and plans to appeal, as it believes there is no material financial impact from this development. This situation presents a neutral impact for investors, as the company is proactively managing the challenge while ensuring minimal disruption to operations.