Demand Notice Specifics
- Creditor: J P Associates (regular coal supplier to the company)
- Total Amount Claimed: ₹4,31,09,759 (Rupees Four Crore Thirty One Lakhs Nine Thousand Seven Hundred Fifty Nine only)
- Breakdown: Principal - ₹3,33,91,437; Interest - ₹97,18,322
- Date of Receipt: 16th July, 2026
- Nature of Debt: Operational debt related to supply of coal
Company Response and Assessment
The Company is currently reviewing the notice in consultation with its legal counsels and evaluating the claims raised. Management expects to resolve and settle the matter amicably within the statutory timelines provided under the Insolvency and Bankruptcy Code.
Financial and Operational Impact Assessment
According to the company's disclosure, there is no financial impact on the operations or other activities of the Company quantifiable in monetary terms. The company does not anticipate any material impact on its operations or financial position.