BSECompany Update23 Jun 2026 · 23 Jun 2026, 05:06 pm
Disclosure under Regulation 30 of SEBI LODR Regulations
Manoj Vaibhav Gems N Jewellers Ltd · 543995
✦ AI Summary▼ NegativeRegulatory
Manoj Vaibhav Gems N Jewellers Ltd received an order from the Central GST Commissionerate, Visakhapatnam, confirming a tax demand of Rs. 2,92,10,460 and an equivalent penalty, totaling Rs. 5,84,20,920, along with applicable interest. This demand relates to alleged irregular availment of Input Tax Credit (ITC) on IPO expenses for the period 2021-22 to 2024-25. The company is evaluating the order and plans to file an appeal, stating no impact on its operational activities.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk7/10
Liquidity Impact5/10
Market Sentiment2/10
Full Announcement
Manoj Vaibhav Gems N Jewellers Ltd - 543995 - Announcement Under Regulation 30 Of SEBI LODR Regulations