ACME Solar Holdings Limited has received relief as the Hon’ble High Court of Rajasthan granted an interim stay on the operation of a show cause cum demand notice previously issued by the GST authorities. The court order, dated April 20, 2026, will remain in effect until further notice, providing temporary respite to the company regarding the ongoing tax-related proceedings.
Court Intervention in Tax Proceedings
In a significant development for ACME Solar Holdings Limited, the company has confirmed that the Hon’ble High Court of Rajasthan has intervened in its ongoing legal matter with the GST authorities. Following previous communications regarding the show cause cum demand notice (SCN) issued in late March and April 2026, the court has officially granted an interim stay on the notice’s operation and effect.
Impact and Current Status
The judicial directive, issued on April 20, 2026, effectively pauses the enforcement of the demand notice until further orders are passed by the court. The company maintains that it is in full compliance with the required disclosure standards regarding this litigation. As of now, there are no ongoing legal proceedings or litigation involving key management personnel or promoters related to this specific matter, and the company remains committed to transparently updating stakeholders as the situation evolves.
Source: BSE
