J. B. Chemicals & Pharmaceuticals Limited announced that the Company has received a favorable order from Office of The Commissioner (Appeals), GST & Central Excise, Vadodara. Nature and details of the action(s) taken, initiated or order(s) passed: Demand of INR 36.1 million set aside in respect of Cenvat Credit availed by the Company in Fiscal Year 2013-14. Date of receipt of direction or order: 30th April, 2024.

Company has received a favorable order in respect of Appeal filed against the order passed by Joint Commissioner.