Maiden Forgings Ltd — Updates, 18-05-2025: Company Update

Maiden Forgings Limited has announced a stay granted by the Hon'ble Allahabad High Court on a GST demand order of ₹17.12 Cr issued by the Principal Commissioner CGST, Meerut. The company challenged the order through a writ petition and does not anticipate any financial impact from this dispute. This development provides relief on pending tax liabilities and maintains operational and financial stability for shareholders.