ALPHA TRIBE

Madhav Copper LimitedOthers, 04-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

04-08-2025 | 05:18 pm

Madhav Copper Limited has clarified a past incident involving GST authorities. The company previously experienced a search and provisional attachment of its key assets, including land, building, machinery, inventory, and bank accounts, stemming from an alleged wrongful availment of Input Tax Credit. The company reports that following an appeal, all provisional attachments have now been removed. There was a temporary operational disruption, but the financial impact has been assessed as minimal and not material to the company's overall performance. This update addresses a significant past event for shareholders.

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