The Pune District Court has upheld an assessment notice against Bharat Forge related to the Pune Cantonment Board (PCB). The court dismissed the company’s appeal challenging the notice dated November 30, 2022, and associated bills for FY 2023-24 and 2024-25. Bharat Forge is exploring further legal options. This order does not result in any immediate cash outflow or impact operations.
Court Decision on Assessment Notice
Bharat Forge has received an order from the Pune District Court regarding litigation involving the Pune Cantonment Board (PCB). The court’s order, dated October 1, 2025, and received by the company on October 7, 2025, dismisses the appeal filed by Bharat Forge against the Assessment Notice dated November 30, 2022.
Details of the Assessment
The Assessment Notice was issued by the Pune Cantonment Board. Bharat Forge had challenged the notice along with related bills for the financial years 2023-24 and 2024-25, specifically bills dated June 1, 2023, and May 7, 2024. The court’s decision upholds the legality of the original assessment notice.
Company Response and Impact
Bharat Forge is currently evaluating options to challenge the court’s order. The company clarifies that the current order does not result in any immediate cash outflow, nor does it impact the company’s ongoing operations. All required amounts have been previously discharged.
Source: BSE
