Praveg Ltd — Important, 03-06-2026: Company Update

Praveg Limited has provided an update on an ongoing GST dispute. The company previously disclosed a Show Cause Notice concerning alleged wrongful Input Tax Credit, with a potential financial impact of up to 2.47 Cr. Authorities have now concluded the proceedings, issuing an order that imposes no tax demand, interest, or penalty. This positive outcome means the financial implication for the company is nil, resolving a significant potential liability and uncertainty for investors.