JSW Infra Subsidiary Faces ₹96.58 Crore GST Show Cause Notice

JSW Infrastructure's subsidiary, Ennore Coal Terminal Private Limited (ECTPL), has received a GST show cause notice of ₹96.58 crore from Chennai tax authorities for alleged tax contraventions from April 2019 to March 2024. The company has 30 days to respond and believes it has strong grounds to contest the notice. JSW Infrastructure states the notice has no material impact on its operations or financials. The company's stock showed minimal reaction, closing at ₹322.65 on BSE, down 0.06%.