Fermenta Biotech Ltd — Updates, 17-04-2025: Company Update

Fermenta Biotech Limited has received a show cause notice from the Central Goods & Services Tax Division regarding a refund of IGST claimed, amounting to ₹1.36 crore. The notice questions the admissibility of this refund and suggests that the company may need to repay this amount, along with interest and potential penalties. While the authority alleges non-compliance, the company asserts there will be no material impact on its financial health or operations, as it plans to contest the claims. Investors may view this situation as a potential risk, but the company maintains a positive outlook on its overall financial stability.