Date: September 30, 2026
Regulatory Disclosure Details
Nature of Notice: Show Cause Notice in Form DRC-01 issued under Section 73(1) of the KGST/CGST read with IGST Acts 2017
Issuing Authority: Deputy Commissioner of Commercial Taxes (Audit)-6.4
Date of Receipt: September 29, 2026 at 06:47 PM
Financial Demand: ₹12,56,693/- (Rupees Twelve Lakh Fifty Six Thousand Six Hundred and Ninety Three Only)
- Tax Amount: ₹7,61,000/-
- Interest Amount: ₹4,95,693/-
Audit Period: April 2022 to March 2023
Alleged Violations: Reduction of Outward liability, Excess claim, ITC Reversible
Company Response: The company states there is no material impact on financial, operational or other activities except to the extent of the demand raised. The company is exploring the option to contest the demand.
Regulatory Basis: Filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III & SEBI master circular no HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Contact Information:
- Company Secretary & Compliance Officer: Mahabaleshwar Bhat
Not Specified: Financial Results, Dividend Declaration, Board Meeting Outcomes, Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication, KMP/Board/Auditor Changes