Raj Packaging Industries Ltd — Updates, 30-04-2025: Company Update

Raj Packaging Industries has received an order from the Assistant Commissioner (ST) for the payment of ₹32.69 lakh as tax and ₹3.27 lakh as penalty under the GST Act, citing a mismatch in RFID-related bills and ineligible input tax credit claims. The company believes the order lacks merit and anticipates a favorable resolution at the appellate level. It assesses that there is no material impact on its financial or operational activities and is exploring legal options, including an appeal. Further updates will be disclosed as necessary.