PG Electroplast Limited — Others, 24-03-2025: Action(s) taken or orders passed

PG Electroplast Limited has announced a board meeting to review the recent inspection conducted by the Maharashtra GST Department at its manufacturing facility. The inspection, which began on March 11 and concluded on March 22, 2025, did not disrupt normal operations. PG Electroplast and its wholly-owned subsidiary, PG Technoplast Private Limited, cooperated fully with authorities. Although a liability of ₹87.34 lakh related to input tax credit issues was accepted and paid by the subsidiary, PG Electroplast anticipates no material impact on financials and plans to contest further communicated liabilities totaling ₹3.31 crore. Investor sentiment may remain stable, given the lack of operational disruption and the company's confidence in its legal stance.