Solarium Green Energy Ltd — Updates, 21-05-2025: Company Update

Solarium Green Energy Limited has announced a tax demand of Rs. 78.18 lakh from the Assistant Commissioner of State Tax, Gujarat, related to alleged short payment of tax and excess Input Tax Credit for FY 2021-22 during its prior legal status as an LLP. The company is preparing a response, believes the full amount may not be payable, and expects a favorable resolution. This issue currently does not affect the company’s financials or operations and will be updated upon receipt of the final order.