VST Industries Limited filed a regulatory disclosure intimating receipt of a GST order from Andhra Pradesh authorities.
The order demands payment of Rs. 73.78 lakhs for non-payment of export refunds from FY20-21 to FY23-24.
The company disagrees with the demand and will pursue appellate action to contest the order.
Financial impact is limited to the demand amount if upheld, with no operational disruption indicated.