JK Paper Limited — Others, 17-07-2025: Action(s) taken or orders passed

JK Paper has received orders from the Chief Controlling of Revenue Authority, Gujarat, demanding a deficit stamp duty of Rs. 3.09 Cr and a penalty of Rs. 3.09 Cr. Despite these demands, the company asserts the expected financial implication is NIL and there will be no material impact on its financial or operational activities. The company plans to challenge these orders by filing a writ petition before the High Court of Gujarat, indicating its strategy to contest the levied amounts.