26-Aug-2026 21:28:25

PUNJAB CHEMICALS AND CROP PROTECTION LTD. : MATERIAL DEVELOPMENT IN CONTINUING LITIGATION

• The Hon'ble Punjab and Haryana High Court disposed of the writ petition regarding IGST refund of approx. ₹44.96 crore. • The order was passed in terms of the judgment of the Hon'ble Bombay High Court in Hikal Ltd. v. Union of India. • This constitutes a favorable development providing relief in respect of the IGST demand. • The company is taking consequential steps with the GST Authority to give effect to the order.

Punjab Chemicals & Crop Protection Limited

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