Elecon Engineering Company Limited — Others, 17-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Elecon Engineering Company has announced a board meeting to review the financial results for the quarter and half-year. The company received an order concluding a GST-related litigation, resulting in the waiver of interest and penalty on a disputed amount of Rs. 146.15 lakh from the 2017-18 assessment year. This resolves a long-standing tax dispute where Elecon had carried forward education and higher secondary cess credits. Rs. 67.75 lakh was earlier paid under protest and disclosed as contingent liability. This development removes the financial uncertainty and supports clearer tax compliance going forward.