Parmeshwar Metal
342.85
+31.15(+9.99%)
Market Cap₹524.78 Cr
PE Ratio14.68
Company Performance:
1D+9.99%
1M+75.82%
6M+190.55%
1Y+404.19%
5Y0.00%
View Company Insightsright
More news about Parmeshwar Metal
15Apr 26
Parmeshwar Metal Limited Faces ₹7.66 Crore GST Demand Including Penalties
Parmeshwar Metal Limited received a GST authority order on April 15, 2026, confirming a tax demand of ₹1.59 crore with penalties of ₹6.07 crore, totaling ₹7.66 crore. The order relates to alleged inadmissible ITC from non-existent suppliers and tax defaulters. The company plans to appeal the order and believes the demand lacks merit, expecting no material impact on its operations.
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11Apr 26
Parmeshwar Metal Limited Submits Q4FY26 Confirmation Certificate Under SEBI Regulations
Parmeshwar Metal Limited has submitted its Q4FY26 confirmation certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate was processed by registrar MUFG Intime India Private Limited and submitted to BSE on April 11, 2026. The filing confirms proper handling of dematerialisation procedures and compliance with prescribed timelines for securities processing.
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27Mar 26
Parmeshwar Metal Limited Receives GST Authority Order for Rs. 10.87 Crore Demand
Parmeshwar Metal Limited received a GST Authority order on March 26, 2026, confirming a demand of Rs. 10.87 crore, comprising Rs. 3.43 crore in tax and Rs. 7.44 crore in interest and penalties. The demand relates to alleged inadmissible Input Tax Credit received from non-existent suppliers and tax defaulters. The company plans to appeal the order, considering it without merit and expects no material impact on its operations.
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29Dec 25
Parmeshwar Metal Limited Receives GST Authority Orders Worth ₹3.95 Crores
Parmeshwar Metal Limited has received two orders from GST authorities in Gujarat, totaling ₹3.95 crores in tax demands and penalties. The first order from the Central GST Division, Gandhinagar, amounts to ₹2.92 crores for alleged wrong availment and utilization of Input Tax Credit (ITC). The second order from the State Tax Enforcement Division, Gandhinagar, is for ₹48.69 lakhs related to inadmissible ITC from non-existent suppliers. The company plans to appeal both orders, believing they lack merit, and does not anticipate any material impact on its operations.
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14Nov 25
Parmeshwar Metal Limited Reports Strong Half-Year Results, Confirms Proper Utilization of Public Issue Proceeds
Parmeshwar Metal Limited announced unaudited financial results for the half year ended September 30, 2025, with revenue from operations at INR 84,523.78 lakhs and profit at INR 904.68 lakhs. The company confirmed no deviation in the utilization of its INR 2,474.16 lakhs public issue proceeds. Funds were fully utilized for a new manufacturing facility in Gujarat, furnace renovation, working capital requirements, and general corporate purposes. INR 41.35 lakhs of unutilized funds from public issue expenses are held in scheduled commercial banks.
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Parmeshwar Metal
342.85
+31.15
(+9.99%)
1 Year Returns:+404.19%
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