MT Educare Limited — Important, 03-06-2025: General Updates

MT Educare faces a tax demand of Rs. 38.25 lakh from the GST Authority for FY 2018-19, related to its pre-insolvency period. The company is contesting the claim as it has been under Corporate Insolvency Resolution Process since December 2022. The financial impact is limited to the demanded amount, with ongoing responses to the tax authorities.