On 31st December 2025, Deepak Fertilisers and Petrochemicals Corporation Limited informed the BSE and NSE under Regulation 30 of SEBI Listing Regulations about an order passed against its wholly-owned subsidiary, Mahadhan AgriTech Limited (MAL), by the Assistant Commissioner of Commercial Taxes, Bangalore. The order raised a demand of Rs. 1,84,40,339/- comprising tax, interest, and penalty, citing disallowed input tax credit due to non-reflection in GSTR2A. The order was received via email on the same day. The company stated that there is no material impact on its financials, operations, or activities, as it believes the demand is not tenable and plans to challenge the order at an appropriate forum. Further details are available on the company’s website.

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