Sapphire Foods India Limited — Others, 24-07-2025: Action(s) taken or orders passed

Sapphire Foods India has received a show cause notice from the Sales Tax Department concerning alleged discrepancies in tax returns for financial year 2021-22. The notice seeks INR 5.1 Cr, which includes interest and a penalty. The company maintains that the claim is not sustainable and anticipates no material impact on its financial or operational activities. They are evaluating the notice and preparing their response. This suggests the company views the matter as manageable.