Prism Johnson Limited has announced that officials inspected one of its manufacturing units in Maharashtra on January 30, 2026. The inspection, conducted under Section 67 of the Maharashtra Goods and Services Tax Act, 2017, involves a search proceeding at several of the company’s offices. Prism Johnson is cooperating fully with authorities, and currently sees no material impact on its business operations due to the inspection.
Inspection Details
On January 30, 2026, an inspection and search proceeding began at some of Prism Johnson Limited’s offices and a manufacturing unit located in Maharashtra. The inspection, carried out by Maharashtra State GST officials, was initiated under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. Company officials received and acknowledged a letter authorizing the inspection at approximately 11:30 a.m.
Company Cooperation
Prism Johnson Limited is fully cooperating with the Maharashtra State GST officials and is providing all necessary assistance during the ongoing inspection/search proceeding.
Impact Assessment
As of the announcement date, the company believes that the inspection will not have a material impact on its financial condition, business operations, or any other activities. Should there be any developments that require further disclosure, the company is committed to making timely and appropriate announcements.
Source: BSE