Active Clothing Co Ltd — Important, 19-11-2025: Company Update

Active Clothing Co Limited has received a Show Cause Notice from the Joint Commissioner CGST (Audit), Ludhiana, pertaining to the audit period from 2019-20 to 2023-24. The notice claims Rs. 4.17 crore, along with interest and penalty. The company views this as a preliminary stage and is actively contesting it, having approached the High Court to quash the notice based on legal issues. Management expects this action will not have a material financial or operational impact on the company.