Samrat Forgings Ltd — Important, 30-12-2025: Company Update

Samrat Forgings has received an order concluding proceedings related to a Show Cause Notice from the State Tax Department. Previously, this notice alleged undeclared tax liability for FY 2021-22, demanding Rs. 3.79 crore, including tax, interest, and penalty. The company submitted a detailed reply and paid Rs. 17,960 as tax and Rs. 57,100 as interest. The department found these actions satisfactory, leading to the original demand being dropped and proceedings concluded with no further financial impact for the company. This positively resolves a past tax dispute.