FDC Limited has confirmed the conclusion of the inspection/search proceedings conducted by the Goods & Service Tax Department, Maharashtra. The action, which began following a prior intimation on February 10, 2026, formally ended late on February 16, 2026. The company has provided all requested documents and clarifications. Importantly, FDC states that there is no material impact on its financials or operations resulting from this inspection.
Regulatory Update: GST Inspection Concludes
FDC Limited has issued a mandatory disclosure following the conclusion of proceedings initiated by the State Tax Authority in Maharashtra. This action was an Inspection / Search conducted under the provisions of the Maharashtra Goods & Service Tax Act, 2017.
The entire process, as detailed in the formal communication dated February 17, 2026, was finalized at 23:55 hours on February 16, 2026. The Deputy Commissioner of State Tax, Maharashtra, was the relevant authority overseeing the action.
Company Response and Impact Assessment
The Company confirmed that it fully complied with the authorities, providing all necessary documents, clarifications, and details as requested during the process. As of the date of the disclosure, no official document (such as a direction or order) has been issued by the authorities detailing any findings or violations.
Critically, FDC Limited assesses the outcome of this activity to have no material impact on the Company’s financials, operations, or other activities in monetary terms.
Source: BSE
