Disclosure under Regulation 30 of SEBI Listing Regulations
Deepak Builders & Engineers India Ltd (Scrip Code: 544276) has made a disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure pertains to an order received from a GST authority.
Nature of the Event
The company has received an order from the Office of the Additional Commissioner CGST Appeals _II, Delhi. This is a regulatory compliance disclosure concerning a tax demand.
Details of the Authority and Order
- Issuing Authority: Additional Commissioner CGST Appeals _II, Delhi
- Order Date: 30th September, 2026
- Date of Receipt: The order was uploaded on the GST portal on 08-10-2026 and came to the knowledge of the Company on 09-10-2026 at 10:00 a.m.
Financial Details of the Order
The order imposes the following financial demands on the company:
- Tax Demand: ₹2,50,848/-
- Penalty: ₹2,50,848/-
- Interest: Applicable interest under section 50 of the GST Act.
- Total Quantifiable Demand: ₹5,01,696/- (plus applicable interest).
The nature of the violation is described as a confirmation of GST demand.
Stated Impact and Company Response
The company has assessed the impact of this order and states that "There is no material impact on financial and operational activities of the Company on account of this order except to the extent of penalty amount imposed."
Furthermore, the disclosure states that the "Company may pursue all legal remedies available to challenge such tax demands and related proceedings."