Eureka Forbes Limited has provided an update regarding a writ petition filed challenging an order received under Section 74 of the State Goods and Services Tax Act, 2017. The Joint Commissioner, CGST & Central Excise Bhopal had previously demanded a tax liability of ₹16,22,32,387 along with penalty, citing alleged excess availment of Input Tax Credit and short payment of outward tax for the financial years 2018-19 to 2022-23.

The writ petition was heard by the High Court of Madhya Pradesh at Jabalpur on January 07, 2026. The High Court ordered that no coercive action would be taken against the company, provided that 10% of the tax demand is deposited. The company is currently in the process of making this deposit. The High Court's order, dated January 07, 2026, was received by the company on January 08, 2026.

The company does not foresee any material impact on its financials, operations, or other activities at this stage due to this litigation.