Kokuyo Camlin Limited — Others, 05-02-2025: Action(s) initiated or orders passed

Kokuyo Camlin Limited has disclosed receiving an order from the Assistant Commissioner of GST & Central Excise, regarding a demand for Goods and Service Tax amounting to ₹85.43 cr, covering the period from July 1, 2017, to July 17, 2022. The company plans to appeal this order. While the tax demand includes additional interest and penalties of the same amount, management indicates there is no material impact on the company's financials or operations. Investors may view this situation as a potential risk, though any operational disruption seems unlikely at this stage.