Elecon Engineering Company Limited — Others, 22-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Elecon Engineering Company's appeal concerning the utilization of a disputed CENVAT Credit balance of Rs. 0.0102 Cr was rejected by the Commissioner (Appeal). This means the company currently cannot utilize this credit. The company had previously filed a Writ Petition before the High Court of Gujarat and will apply to include this latest order for further review. The financial implications are currently uncertain, pending the High Court's decision on the ongoing litigation.