Matrix Geo Solutions Completes Quarterly Reporting, Notes Zero Investor Grievances Amid Tax Penalties
Matrix Geo Solutions Limited released its consolidated operational reports for the quarter ended June 30, 2026, providing updates on corporate governance status, investor grievances, tax penalties, and ongoing litigation.The company reported that compliance with certain Corporate Governance provisions was not applicable for the specified quarter. This determination is based on the fact that Matrix Geo Solutions has listed its securities on the SME Exchange, which exempts it from specific requirements under Regulation 27(2) of the Listing Regulations, 2015.
Financial Penalties and Tax Disputes
The company reported two instances related to late fees imposed by the Goods and Service Tax Department during the quarter.| S. No. | Authority | Date | Violation Details | Impact on Activities |
|---|---|---|---|---|
| 1 | Goods and Service Tax Department | 10-06-2026 | Late Filing of GSTR-3B | Rs. 163.80 |
| 2 | Goods and Service Tax Department | 25-06-2026 | Late Filing of GSTR-3B | Rs. 8,372.18 |
Regarding tax litigations, the company reported one ongoing dispute with the Income Tax authority. The matter was initiated on June 22, 2026, and remains Ongoing.
Investor Grievance Status
Matrix Geo Solutions Limited reported zero instances of investor grievances across all metrics for the quarter ended June 30, 2026. This includes complaints received or pending at the beginning of the quarter, complaints received during the period, and those that remain unresolved at the end of the quarter.A consolidated statement regarding complaints received through aggregators and regulatory authorities (RTA) confirmed identical figures, showing zero complaints across all categories for the same period.
MGSL Stock Price Movement
On Friday, shares of Matrix Geo Solutions Limited shed 3.07% in value, closing at ₹60.00 after trading movements throughout the session. The stock price fluctuated between a daily low of ₹59.05 and a high of ₹61.00, with a total traded volume of 7,200 shares recorded.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.
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