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NSE · Source: SEBI
| Party | Matter | Amount | Status | Pages |
|---|---|---|---|---|
| Prasol Chemicals Limited | Direct-tax proceedings | 5 cases aggregating Rs 7.57 million | Outstanding as of the DRHP date | 441 |
| Prasol Chemicals Limited | Indirect-tax proceedings including GST input-tax-credit and outward-tax mismatch matters | 8 cases aggregating Rs 129.07 million | Outstanding as of the DRHP date | 441 |
| Prasol Chemicals Limited against customers | Three complaints under Section 138 of the Negotiable Instruments Act relating to dishonoured cheques | Rs 8.61 million | Pending | 441 |
| Prasol Chemicals Limited | Recovery order issued by the Security Guard Board; the Company filed a writ petition before the Bombay High Court seeking to quash the order | Rs 3.78 million | Writ petition pending |
| 441, 442 |
| Gaurang Natwarlal Parikh | Multiple criminal complaints relating to alleged contraventions of Maharashtra Factories Rules and the Factories Act arising from factory-related matters | — | Pending; bail was granted in the disclosed proceedings where summons had been issued | 442 |
| Pankil Nishith Dharia | Police complaint under Section 279 of the Indian Penal Code read with motor-vehicle rules | — | Convicted on April 29, 2022; appeal before the Sessions Court is pending | 442 |
| Promoters | Direct-tax proceedings | 4 cases aggregating Rs 28.02 million | Outstanding as of the DRHP date | 442 |
| Directors other than Promoters | Direct-tax proceedings | 2 cases aggregating Rs 6.00 million | Outstanding as of the DRHP date | 443 |
| Item | Amount | Pages |
|---|---|---|
| Claims by Directorate of Revenue Intelligence, Mumbai and Ahmedabad, not acknowledged as debt | Rs 3.62 million at June 30, 2025; Rs 3.62 million at March 31, 2025; Rs 4.50 million at March 31, 2024; Rs 4.50 million at March 31, 2023 | 395 |
| Income-tax liabilities for matters under appeal | Rs 1.82 million at June 30, 2025; Rs 1.82 million at March 31, 2025; Rs 0.48 million at March 31, 2024; Rs 1.14 million at March 31, 2023 | 395 |
| Guarantees excluding financial guarantees | Rs 79.80 million at June 30, 2025; Rs 85.26 million at March 31, 2025; Rs 46.80 million at March 31, 2024; Rs 47.59 million at March 31, 2023 | 395 |
| Commitment for estimated capital contracts not provided for, net of advances | Rs 96.31 million at June 30, 2025; Rs 35.98 million at March 31, 2025; Rs 49.61 million at March 31, 2024; Rs 82.46 million at March 31, 2023 | 29, 395 |
| Letters of credit outstanding | Rs 638.54 million at June 30, 2025; Rs 341.39 million at March 31, 2025; Rs 571.05 million at March 31, 2024; Rs 326.11 million at March 31, 2023 | 29, 395 |