Raghuvir Synthetics Ltd — Updates, 29-05-2025: Company Update

Raghuvir Synthetics Limited has announced a board meeting to discuss operational matters following a GST department inspection conducted at its Ahmedabad unit. During the inspection, the company cooperated fully and continued normal operations without disruption. Under oral instructions from officials, Raghuvir Synthetics paid Rs. 1.88 crore under protest. The exact nature of any alleged violations has not been disclosed, and the financial impact remains uncertain. The company will update stakeholders as the situation develops.