Acme Solar Holdings Limited Receives Interim Stay from High Court on GST Show Cause Notice
Acme Solar Holdings Limited announced a key development regarding a show cause cum demand notice (SCN) issued by GST authorities. The company confirmed that the Hon'ble High Court of Rajasthan granted an interim stay on the SCN.According to the company, the order was issued by the High Court of Rajasthan on April 20, 2026. This legal directive grants an interim stay on both the operation and the effect of the aforementioned SCN until further orders are passed by the court.
The update addresses the company's previously communicated proceedings related to the show cause cum demand notice.
The legal status concerning the proceedings is summarized as follows:
| Particular | Details |
|---|---|
| Legal Proceedings | Show cause cum demand notice (SCN) from GST authorities |
| Status Update | Interim stay granted on operation and effect of SCN |
| Date of Order | April 20, 2026 |
| Condition | Stay remains until further orders |
ACMESOLAR Stock Price Movement
On Monday, Acme Solar Holdings Limited shares slipped by 2.35% to settle at ₹299.05, down ₹7.15 from the previous close. The stock saw considerable activity, completing the session with a traded volume of 2.93 million shares.Source:
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