Grindwell Norton and Radiance MH have ended their business partnership after a 13-year run, signaling a shift in their respective operations. This move could potentially impact the market dynamics in their sector.

Grindwell Norton has been issued a demand of approximately INR 5.4 lakhs by the CGST for overstated ITC claims from FY19 to FY24. The company is currently considering potential solutions, such as an appeal, with no significant financial impact expected at this time.