Bihar Sponge Iron received a demand notice for ₹1.98 crore operational debt from Gohil Enterprises under IBC 2016.
The company has not acknowledged or admitted the claim and is reviewing legal steps to address the matter.
Disclosure is made to BSE Ltd. in compliance with SEBI LODR Regulation 30 regarding material events.
The notice was received via email on May 4, 2026, and the company clarifies this is not an acceptance of liability.