BGR Energy Receives Rectification Order; Demand at ₹94.3 Cr

BGR Energy Systems Ltd. has received a rectification order dated May 29, 2026, from the Assistant Commissioner (ST), Ponneri Assessment Circle, under Section 161 of the TNGST Act, 2017, for the assessment year 2018-19. The order rectifies a previous remanded order, revising the total demand to ₹94,29,93,514, including tax, interest, and penalty under CGST and SGST. The company intends to file an appeal against the order, stating that it does not expect a material financial impact at this stage.