NSE/BSE Codes: BSE: 543264, NSE: NURECA
Summary of Key Information:
Nature of Event / Disclosure:
Regulatory disclosure regarding receipt of Final Order of Rectification under Section 161 of the CGST Act, 2017, pertaining to tax period 2021-22.
Involved Parties / Authorities:
- Concerned GST authority under CGST Act, 2017
- Securities and Exchange Board of India (SEBI)
- BSE Limited
- National Stock Exchange of India Limited
Date / Timeline of Event:
- Date of Announcement: 07 August 2026
- Tax Period Involved: 2021-22
- Date of Digital Signature: 2026.08.07 11:34:47 +05'30'
Brief Description of Outcome / Dispute:
The company received a Final Order of Rectification under Section 161 of the CGST Act, 2017 regarding a pending GST matter for the tax period 2021-22. The matter has been disposed of upon payment of dues through reversal of Input Tax Credit.
Impact of Outcome:
Financial Impact:
- Input Tax Credit reversal amounting to ₹15,40,311 (Rupees Fifteen Lakh Forty Thousand Three Hundred Eleven only)
- No further financial demand in terms of the Final Order of Rectification
- The amount represents a completed financial adjustment with no ongoing liability
Operational / Business / Strategic Impact:
No material operational, business, or strategic impact disclosed. The matter has been conclusively resolved with no ongoing compliance requirements or disruptions.
Other Implications:
- The resolution eliminates any potential reputational risk associated with pending GST matters
- Demonstrates compliance with tax regulations and successful resolution of regulatory matters
Next Steps / Required Actions:
- No further actions required as the matter stands concluded and disposed of
- The company has fulfilled all requirements as per the Final Order of Rectification