Lamosaic India Limited — Others, 24-04-2025: Action(s) initiated or orders passed

Lamosaic India Limited has disclosed that the Directorate General of Goods and Services Tax Intelligence conducted a search and seizure at its Pune and Mumbai offices. The company reported that this action did not affect its normal operations, including production and dispatches. The Managing Director has been summoned to appear before the DGGI and the company is cooperating fully with the authorities. This situation may pose a potential risk to investor sentiment, but the absence of operational disruption suggests a neutral impact on financial health in the short term.