EUREKAFORB NSE filing

Eureka Forbes: Update on Order from CGST & Central Excise Bhopal

The RealCase readLow impact Neutral

Eureka Forbes received an order from CGST & Central Excise Bhopal regarding alleged excess availment of Input Tax Credit and short payment of outward tax. The company is filing an appeal.

Why it matters

The company stated that there is no material impact on the financials, operations or other activities at this stage due to this demand.

The market read

The announcement is about a litigation update, but the company states it does not expect any material impact.

* The Joint Commissioner, CGST & Central Excise Bhopal passed an order on October 09, 2025, received by the company on October 15, 2025. * The order pertains to Financial Years 2018-19 to 2022-23 and relates to alleged excess availment of Input Tax Credit and short payment of outward tax. * The total demand is ₹16,22,32,387, including a penalty of ₹8,08,79,410, along with interest under Section 50 of the CGST Act, 2017. * Eureka Forbes is in the process of filing an appeal against the order and believes it has substantial merit in opposing the demand. * The company does not anticipate any material impact on its financials, operations, or other activities at this stage.

Filing to action

What to do with a filing like this

Eureka Forbes Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Eureka Forbes Limited. Read the original for the full detail.

View original filing