Shipping Corporation Of India Limited — Others, 13-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

The Shipping Corporation of India has announced a board meeting on 13th June 2025. It is contesting a revised tax demand of ₹123.07 Cr linked to a mismatch in Input Tax Credit with GSTR-2A, significantly reduced from ₹461.99 Cr previously raised by a state tax authority. The company is confident in its position and is exploring all options, including appeals, to resolve the dispute. The outcome of this litigation may affect the company’s financials, making it an important issue for shareholders to monitor.