Axel Polymers Receives SEBI Show-Cause Notice Over ₹31.57 Crore GST Matter

SEBI issued SCN dated 11 Sept 2026 initiating adjudication under Section 15I against company, non-independent directors and others over alleged wrongful ITC availment FY22-25 linked to Rs31.57cr GST demand; penalty unquantified, impact unascertainable, routine ops unaffected. Context: escalates ongoing SEBI probe around same GST matter.