HEG Shares Drop 2.3% Amid GST Tax Notice

  Published 9 months ago

HEG shares fall 2.3% as Bhopal Tax Authority issues GST show cause notice demanding ₹2.82B for 2018-19, with limited impact on liability.

  • Bhopal Tax Authority issues GST show cause notice for 2018, 19, demanding ₹2.82B in taxes and IGST refunds.
  • HEGL claims limited impact on final tax liability and will reply to the notice.
  • HEGL up 0.6% in 2025, underperforming Nifty 500’s 5.3% rise amid tax scrutiny.

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