Vijay Solvex Ltd — Important, 17-01-2026: Company Update

Vijay Solvex Limited announced a significant update on its material litigation. The High Court of Rajasthan has allowed the company's writ petition, overturning an earlier order that had set aside a GST refund of Rs. 2.23 Crores for March 2022. This positive development means the company's claim for the refund has been upheld, reversing a decision that previously aimed to recover the GST refund along with interest. This outcome favorably impacts the company's financial position by securing the previously contested refund amount.