Fine Organic Industries Limited has announced that an inspection and search proceeding has been initiated by Maharashtra State GST officials at certain offices and manufacturing units. The action, taken under Section 67 of the Maharashtra Goods and Services Tax Act, 2017, commenced on October 30, 2026. The company’s officials are cooperating fully, and initial assessments indicate no material impact on operations or financials. Further updates will be disclosed if necessary.
GST Inspection Underway at Fine Organic Units
Fine Organic Industries Limited disclosed on October 30, 2026, that tax authorities have commenced an inspection and search proceeding at its offices and manufacturing facilities located within Maharashtra. This action is being conducted under Section 67 of the Maharashtra Goods and Services Tax Act, 2017.
Company Cooperation and Initial Assessment
Representatives of Fine Organic Industries have been cooperating with the Maharashtra State GST officials since an authorization letter was presented on the afternoon of October 30, 2026. The company is providing necessary clarifications and documents as requested. Based on the company’s preliminary evaluation, the outcome of these proceedings is not expected to have any material impact on its operations or financial standing.
Fine Organic Industries has assured that it will make necessary disclosures in accordance with regulatory provisions should any material updates arise. The inspection has not disrupted the company’s regular business operations.
Information Disclosure
Details regarding this intimation are provided in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company’s official website, www.fineorganics.com.
Source: BSE
