Bansal Wire Industries Limited — Others, 26-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Bansal Wire Industries Limited has received a show cause notice from the Joint Commissioner, SGST, concerning alleged issues related to E-way bills, blocked and excess input tax credit (ITC), and non-payment of tax on RODTEP license sales for FY 2018-19. The department claims tax, interest, and penalty totaling over ₹126 crore. The company disputes these claims, considering the notice baseless, and will file a detailed response within the prescribed timeline. No significant impact on the company’s financials or operations is expected from this litigation.