Bihar Sponge Iron Ltd — Important, 05-05-2026: Company Update

Bihar Sponge Iron has received a demand notice from M/s Gohil Enterprises Private Limited for an alleged unpaid operational debt amounting to Rs. 1.98 Crore. The company is reviewing this claim and initiating legal action. It clarifies that it has not acknowledged or admitted the claim and recognizes no liability. This disclosure is made due to the amount's materiality, emphasizing it's not an acceptance of the debt.