Mangal Electrical GST Order Demand ₹55.73 Lakhs

Mangal Electrical discloses a GST appellate order demanding ₹55.73 lakhs for alleged ITC irregularities and GST on corporate guarantees.
The company became aware of the order via the GST portal on April 16, 2026, and promptly filed a revised disclosure with BSE.
Management states no immediate material financial impact and intends to appeal the order with the Appellate Tribunal.