NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company7 Sept 2026 · 7 Sept 2026, 11:39 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Prism Johnson Limited · PRSMJOHNSN
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Prism Johnson Limited has informed the Exchange about the update on ongoing litigation regarding Goods and Service Tax demand of Rs. 22.70 Crores, which has been set aside by the Commissioner (Appeals) CGST, Excise & Service Tax, Bhopal.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Prism Johnson Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company - Update on ongoing litigation.
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PRSMJOHNSN_07092026233843_SEIntimationUpdateonlitigationServiceTaxAppealsrno9.pdf
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September 7, 2026
The National Stock Exchange of India Ltd., BSE Limited,
Exchange Plaza, Bandra-Kurla Complex, Corporate Relationship Department,
Bandra (East), Mumbai – 400 051. P. J. Towers, Dalal Street, Fort,
Mumbai – 400 023.
Code : PRSMJOHNSN Code : 500338
Dear Sir,
Sub: Disclosure under Regulation 30 read with Clause 8 of Para B of Part A of Schedule III
of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 –
Update on ongoing litigation.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that in furtherance to our initial disclosure dated August
14, 2023, and subsequent updates provided in our Integrated Governance Reports regarding ongoing
tax litigations and disputes concerning the dispute listed at Sr. No. 9 of Annexure 1 of the
aforementioned disclosure pertaining to Goods and Service Tax demand of Rs. 22.70 Crores
(including a penalty of Rs. 11.35 Crores) raised by the Addl. Commissioner CGST & Central
Excise, Jabalpur, against the Company and its employees, the Commissioner (Appeals) CGST,
Excise & Service Tax, Bhopal, has vide order dated September 3, 2026 set aside the said Goods and
Service Tax demand including penalties imposed on the Company and its employees in the entirety
while disposing the appeals filed by the Company in this regard.
The order dated September 3, 2026 was received by the Company from the Office of the
Commissioner (Appeals) vide email dated September 7, 2026.
Details required under Regulation 30 of SEBI LODR read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in the enclosed
Annexure.
Kindly take the same on your records.
Thanking you,
Yours faithfully,
For PRISM JOHNSON LIMITED
Shailesh Dholakia
Company Secretary and
Compliance Officer
ANNEXURE
Details under Regulation 30 of the SEBI LODR read with SEBI Master Circular
No.HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as follows:
Name(s) of the opposing party, court/ Commissioner (Appeals) CGST, Excise &
tribunal/agency where litigation is filed Service Tax, Bhopal
Brief details of dispute/litigation Appeals filed by the Company against an
order passed by the Addl. Commissioner
CGST & Central Excise, Jabalpur
confirming the Goods and Service Tax
demand of Rs. 22.70 Crores (inclusive of
penalty of Rs.11.35 Crores) which was
originally disclosed on August 14, 2023,
under Sr. No. 9 of Annexure 1.
Quantum of claims, if any / expected Nil.
financial implications, if any, due to
compensation, penalty etc.; The total Goods and Service Tax demand of
Rs. 22.70 Crores (including the penalty) has
been set aside. There is no adverse financial
or operational impact on the Company.
The details of any change in the status and / The Commissioner (Appeals) vide order
or any development in relation to such dated September 3, 2026, has set aside the
proceedings; entire Goods and Service Tx demand
including the penalties levied against the
Company and its employees, including the
then Key Managerial Personnel.
In the event of settlement of the proceedings, Not Applicable
details of such settlement including - terms
of the settlement, compensation/penalty paid
(if any) and impact of such settlement on the
financial position of the listed entity