Kanchi Karpooram Ltd — Important, 28-03-2026: Company Update

Kanchi Karpooram Limited received an order from tax authorities confirming a GST demand of ₹0.47 Cr and a penalty of ₹0.43 Cr. This demand pertains to alleged ineligible tax credits and non-payment of tax across various periods from 2019 to 2024. The company stated there is no immediate financial impact and plans to appeal this order after evaluating legal advice. Interest on the GST demand is yet to be quantified. Shareholders should note this development as the company pursues its legal recourse against the order.