DIC India Limited — Others, 15-01-2025: Action(s) taken or orders passed

DIC India Limited has received a show cause notice related to a demand raised under the GST Act for ₹14.72 lakh (1.47 crore), concerning the financial year 2017-18. This amount includes a penalty of ₹7.00 lakh and interest of ₹7.72 lakh. Management indicates that this order will not materially affect the company’s financial or operational activities and will review the notice for appropriate action. For investors, the neutral impact suggests minimal risk, but ongoing monitoring of the situation is advisable for any potential developments.