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India's top PET recycling firm, Ganesha Ecosphere Ltd., reported that the surprise visit of the Goods and Services Tax (GST) Department to its Rampur factory unit has concluded without any documents being seized and no shutdown of its production expected.
Key Highlights:
Inspection Date: On July 17, 2025, the GST department searched the Rampur (U.P.) factory of the company.
Result: The authorities carried out the inspection without seizing any documents or records from the company premises.
Operational Effect: Ganesha Ecosphere clarified that there would be no adverse effect on business activities, finances, or operations because of this inspection.
Management Statement: The firm has reiterated its adherence to tight regulatory compliance and its continued seamless operation.
Background: Ganesha Ecosphere is a pioneering recycled polyester fiber and textile manufacturer with a history of regulatory compliance and eco-friendly stewardship.
"GST inspection saw no documents being seized, and we see no disruption to our business operations as it is today," the company added further.
Source: Rediff Money, Company Announcements | Screener.in Company Update | Company Disclosure
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