SMVD Poly Pack Limited — Others, 06-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
06-01-2025 | 03:51 pm
06-01-2025 | 03:51 pm
SMVD Poly Pack Limited has reported ongoing updates regarding its tax litigations. Key disputes include an appeal with Balasore Alloys Limited and another with South Indian Bank, both still pending in court. Additionally, the company has filed two appeals with the GST appellate authority concerning demand notices for the 2018-19 and 2019-20 fiscal years, totaling approximately ₹57.44 lakh (cr), which includes interest and penalties. These litigations remain unsettled, and further updates will be shared as developments occur. Investors should monitor this situation, as it could impact financial stability and operational cash flow.
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