Deepak Fertilisers & Petrochemicals Corporation Ltd

⚠️ Deepak Fertilisers Subsidiary Faces ₹54.88 Lakh GST Penalty

• Mahadhan AgriTech (MAL) received penalty order dated March 25, 2026

• Total demand: ₹54,88,146 (₹27.44 lakh tax + equal penalty)

• Reason: Disallowance of CENVAT Credit

• Company states no material financial/operational impact

• MAL believes demand is not tenable and will file appeal