5066182026-08-265066182026-08-26in-capmkt:StageOfTheLitigationIsConcludedOrDisputeIsResolvedMember5066182026-08-26in-capmkt:SettlementOfProceedingsMemberPUNJABCHEMPunjab Chemicals and Crop Protection Limited506618NOTLSITEDINE277B01014Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)Regularly till the litigation is concluded or dispute is resolvedNewfalse2026-08-2616:00:002026-08-26Settlement of the proceedingsDisclosure of material development in continuing litigation.2023-08-16The Hon’ble Punjab and Haryana High Court at Chandigarh, vide its order dated August 14, 2026, passed in CWP-16072-2023 (O&M), titled M/s Punjab Chemicals and Crop Protection Ltd. v. Union of India & Others, has disposed of the writ petition filed by the Company in relation to the proceedings initiated for recovery of IGST refund of approximately Rs. 44.96 crore, along with applicable interest and penalty, under Rule 96(10) of the CGST Rules.CompanyThe Hon’ble High Court has disposed of the matter in terms of the judgment of the Hon’ble Bombay High Court in Hikal Ltd. v. Union of India, (2025) 34 Centax 249 (Bom.). The aforesaid judicial determination constitutes a favourable development for the Company and provides relief in respect of the aforesaid IGST demand of approximately Rs. 44.96 crore. The Company is taking the necessary consequential steps with the concerned GST Authority for giving effect to the aforesaid order and for consequential updation/removal of the demand from the GST records. Not ApplicableThe aforesaid order is favourable to the Company and provides relief in respect of the IGST demand of approximately Rs.44.96 crore, along with the consequential interest and penalty proceedings. Accordingly, no liability towards the aforesaid demand is presently expected to crystallise against the Company, subject to giving effect to the order by the concerned GST Authority and consequential updation/removal of the demand from the GST records. The Company is presently undertaking the necessary consequential steps with the concerned GST Authority in this regard.