Date: October 9, 2026

Regulatory Action Disclosure

Authority Details:

  • Name: Additional Commissioner CGST Appeals _II, Delhi

Order Details:

  • Order Date: September 30, 2026
  • Date of Receipt: October 8, 2026 (uploaded on portal), came to company's knowledge on October 9, 2026 at 10:00 AM

Nature of Violation:

  • Confirmation of GST demand
  • Tax imposed: ₹2,50,848
  • Penalty imposed: ₹2,50,848
  • Applicable interest under section 50 of GST

Financial Impact Assessment:

  • Company states: "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"
  • Total monetary impact: ₹5,01,696 (tax + penalty) plus applicable interest

Company Response:

  • "The Company may pursue all legal remedies available to challenge such tax demands and related proceedings"

Regulatory Compliance:

  • Disclosure made under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Specifically under Para A(7B) of Part A of SEBI Listing Regulations
  • Reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Anil Kumar, Company Secretary & Compliance Officer