Deepak Fertilisers Subsidiary Mahadhan AgriTech fined ₹1.84 Crore

Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) has disclosed an order imposing a penalty on its wholly-owned subsidiary, Mahadhan AgriTech Limited (MAL). The Assistant Commissi...

Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) has disclosed an order imposing a penalty on its wholly-owned subsidiary, Mahadhan AgriTech Limited (MAL). The Assistant Commissioner of Commercial Taxes (Audit) -6.3, DGSTO -6, Bangalore, issued an order with reference number ZD291225240989S dated 31st December 2025. The order raises a total demand of ₹1,84,40,339, comprising tax of ₹1,04,22,839, interest of ₹69,39,040, and a penalty of ₹10,78,460. MAL received this order via email on 31st December 2025 at 13:06. The department disallowed the input tax credit claimed by MAL, stating it was not reflected in GSTR2A. However, MAL maintains that there was no violation or contravention. The company has stated that there is no material impact on the financials, operations, or other activities of DEEPAKFERT. MAL has taken a legal view that the demand is not tenable and intends to challenge the order at an appropriate forum. This information will also be available on the company's website at www.dfpcl.com.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Deepak Fertilizers and Petrochemicals Corporation Limited in the news today?

Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) is in the news due to the subsidiary has been issued a significant demand for tax, interest, and penalty, which is a negative development.

Other Regulatory FilingsFraud/Defaults Disclosure
Deepak Fertilizers and Petrochemicals Corporation LimitedDEEPAKFERThttps://prysm.fi/v2/analyze/DEEPAKFERT

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

Deepak Fertilisers Subsidiary Mahadhan AgriTech fined ₹1.84 Crore

December 31, 2025, 11:17 AM

AI Sentiment Analysis

Top Queries to Ask About Deepak Fertilizers and Petrochemicals Corporation Limited

More Details on This News

Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) has disclosed an order imposing a penalty on its wholly-owned subsidiary, Mahadhan AgriTech Limited (MAL). The Assistant Commissioner of Commercial Taxes (Audit) -6.3, DGSTO -6, Bangalore, issued an order with reference number ZD291225240989S dated 31st December 2025.

The order raises a total demand of ₹1,84,40,339, comprising tax of ₹1,04,22,839, interest of ₹69,39,040, and a penalty of ₹10,78,460.

MAL received this order via email on 31st December 2025 at 13:06. The department disallowed the input tax credit claimed by MAL, stating it was not reflected in GSTR2A. However, MAL maintains that there was no violation or contravention.

The company has stated that there is no material impact on the financials, operations, or other activities of DEEPAKFERT. MAL has taken a legal view that the demand is not tenable and intends to challenge the order at an appropriate forum.

This information will also be available on the company's website at www.dfpcl.com.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained -“Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

More News on Deepak Fertilizers and Petrochemicals Corporation Limited

Discover more trending news on Prysm

View All