Emami Paper Mills Limited — Others, 03-02-2025: Action(s) taken or orders passed

Emami Paper Mills Limited has provided an update regarding the Demand-Cum-Show Cause Notices from the GST Authority. Three SCN matters have been concluded: the first two resulted in the dropping of ITC demands totaling ₹1.06 crore, although ₹2,04,896 was disallowed with applicable interest and penalties. The third SCN confirmed a reduced demand of ₹5.54 lakh from the original ₹8.04 lakh. The company is evaluating options to challenge these orders if deemed necessary. Overall, there is no material impact on the company's financial operations, which may bolster investor sentiment by highlighting effective risk management.