NSE/BSE Codes: BSE: 543317, Symbol: GRINFRA

Summary of Key Information:

Nature of Event / Disclosure:

This is a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It provides an update on a previously disclosed show cause notice received from the GST department, specifically that the company has now filed a writ petition challenging it.

Involved Parties / Authorities:

  • Regulatory Authority: Office of the Joint Commissioner of State Tax, Ratlam Division, Indore, Madhya Pradesh.
  • Adjudicating Body: Hon'ble High Court of Madhya Pradesh, Indore Bench.
  • Listed Entity: G R Infraprojects Limited.

Date / Timeline of Event:

  • Date of Original SCN Intimation: 26th August 2026 (as referenced in the letter).
  • Date of Writ Petition Filing: 25th August 2026 (as per Annexure-A).
  • Date of Current Disclosure: 25th September 2026.

Brief Description of Outcome / Dispute:

The company received a show cause notice (DRC-01) from the GST authority under Section 74 of the CGST Act, 2017 and MPGST Act, 2017. Instead of responding directly to the authority, the company has chosen to challenge the validity of the notice itself by filing a writ petition before the Madhya Pradesh High Court, Indore Bench. The specific grounds for the challenge or the nature of the GST demand are not detailed in this disclosure.

Impact of Outcome:

Financial Impact:

No material disclosures in this section. The document does not quantify the potential financial liability (demand, penalty, interest) associated with the show cause notice. Therefore, the potential financial impact on the company's profit & loss or balance sheet cannot be determined from this information.

Operational / Business / Strategic Impact:

No material disclosures in this section. The document does not indicate any operational disruption, project delays, or strategic consequences arising from this litigation.

Other Implications:

The action indicates a dispute with a tax authority, which carries inherent regulatory and reputational implications. The company is pursuing a legal course to contest the notice.

Next Steps / Required Actions:

The next step in the process is the hearing and subsequent decision by the Hon'ble High Court of Madhya Pradesh on the writ petition filed by the company. The timeline for this judicial process is not specified.