Lamosaic India Limited — Others, 08-07-2025: Action(s) initiated or orders passed

Lamosaic India Limited has announced a Search and Seizure conducted by the Directorate General of Goods and Services Tax Intelligence (DGGI) at its Pune and Mumbai offices. The process did not disrupt normal operations, including production and dispatches. The Managing Director has received a summon to appear before the DGGI and the company is cooperating fully. While no penalties or non-compliances have been reported yet, financial results for the half-year and fiscal year ended 31st March, 2025 will be delayed due to this event.