Legal29 Apr 2026, 05:51 pm
Zuari Agro Chemicals receives ₹296.46 Cr water/sewerage demand notice
AI Summary
Zuari Agro Chemicals Ltd has received a demand notice dated April 21, 2026, from the Executive Engineer WD IV DDW, Fatorda, Goa, for an amount of ₹296,45,99,341/- towards arrears of water/sewerage charges. The company received the notice on April 28, 2026, and is required to pay within 15 days. Zuari Agro Chemicals strongly disputes this demand, stating it complies with all applicable laws and has not defaulted on any payments. The company intends to take appropriate legal recourse to contest the claim.
Key Highlights
- Company received a demand notice for ₹296.46 Cr in water/sewerage arrears.
- The demand was issued by the Executive Engineer WD IV DDW, Fatorda, Goa.
- Zuari Agro Chemicals strongly disputes the claim and plans legal action.
- The company asserts it has not delayed or defaulted on any payments.
- Potential financial implication if the company fails to contest the demand successfully.