AVRO INDIA LIMITED — Others, 27-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

AVRO India Limited has disclosed an ongoing tax dispute involving a demand for GST from the Deputy Commissioner in Ghaziabad, totaling approximately ₹85.30 lakh (cr) plus penalties and interest. The notice cites discrepancies in input tax credits claimed across various GST returns, along with required reconciliations of e-way bills. The company is preparing its response. Investors may perceive this situation as a potential risk, particularly regarding financial strain and ongoing regulatory scrutiny, which could affect overall sentiment towards the stock.