Disa India Ltd — Updates, 28-06-2025: Company Update

DISA India Limited has announced a tax order directing the company to pay Rs. 1.21 Cr as tax, interest, and penalty related to alleged excess GST credit claimed between April 2019 and March 2023. The company plans to appeal the order, contesting the disallowance of credits not reflected in GSTR2A. This dispute affects the cash outflow, but the outcome of the appeal will determine the final financial impact. The matter is material and relevant for shareholders given its potential effect on tax liabilities and working capital.