Quarterly Result2 Nov 2026, 07:22 pm
Raghuvir Synthetics Approves Unaudited Financial Results for Q2 FY27
AI Summary
Raghuvir Synthetics Limited's Board of Directors convened on November 2, 2026, to approve the unaudited standalone financial results for the quarter and six months ended September 30, 2026. The company also disclosed a tax matter involving the Directorate General of GST Intelligence (DGGI), where ₹188.00 Lakhs (₹1.88 Crore) was deposited under protest. Show cause notices proposing a demand of approximately ₹224.20 Lakhs (₹2.24 Crore) plus interest and penalty have been received for FY 2020-21, FY 2021-22, and FY 2024-25. The management anticipates no material impact on its financial position or operations.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Company received GST show cause notices totaling ₹2.24 Crore.
- ₹1.88 Crore deposited under protest with DGGI.
- Management expects no material financial impact from tax notices.
Price Impact
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