Madhav Copper Limited Updates Stakeholders on Tax Order Appeal
Madhav Copper Limited provided an update concerning an adjudication order received from the CGST/SGST authorities, noting the company’s appeal against the order.The company previously informed stakeholders on January 19, 2026, regarding the receipt of an adjudication order in Form GST DRC-07 from the CGST/SGST authorities.
In the latest update, Madhav Copper Limited announced that it filed an appeal on March 21, 2026, against the order passed by the CGST/SGST authorities.
The company stated that, based on the filing of the appeal, it does not anticipate that the issuance of the order will negatively affect its financial, operational, or other business activities.
The company concluded the statement by indicating that any further developments related to the matter will be communicated in due course.
MCL Stock Price Movement
Shares of Madhav Copper Limited on Friday slipped by 1.23% to close at ₹63.5. The stock finished the session with a total traded volume of 22,702 shares.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.