Parmeshwar Metal Ltd — Important, 29-12-2025: Company Update

Parmeshwar Metal Limited has received orders from the GST Authority in Gujarat concerning alleged wrong availment of Input Tax Credit (ITC) and short payment of tax. The orders demand a total tax of approximately Rs. 1.61 Crore, along with interest and penalties totaling about Rs. 1.80 Crore. The company plans to appeal these orders, stating that the demand is without merit and is expected to be set aside during appellate proceedings. The company also anticipates no material financial or operational impact from these developments.