KELTECH Energies Ltd — Important, 12-05-2026: Company Update

Keltech Energies Limited has received a favorable order from the Customs, Excise and Service Tax Appellate Tribunal (CESTAT). The tribunal allowed the company's appeal, setting aside a previous order that had imposed a penalty of Rs. 13.75 Cr on the company concerning the import of Ammonium Nitrate. This significant development eliminates a substantial financial liability, positively impacting the company's financial position by resolving the matter in its favor.