KRN Heat Exchanger and Refrigeration (KRN) — Announcement

KRN Heat Exchanger and Refrigeration Limited disclosed a GST order from Rajasthan's Deputy Commissioner of State Tax demanding recovery of ₹4,94,66,278 in tax, ₹9,75,773 in interest, and ₹49,46,627 in penalty for alleged ineligible input tax credit claims in FY2025-26, received on June 19, 2026, with the company stating it will pursue legal challenges and expects no material financial impact beyond the interest component.

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About KRN Heat Exchanger and Refrigeration Limited (KRN)

Capital Goods · Engineering · Listed on NSE

Market Cap: ₹9,973.25 Cr P/E: 98.3 ROE: 19.4% ROCE: 24.5%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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