Date: May 27, 2026

Regulatory Disclosure Summary

Patanjali Foods Limited has made a disclosure to BSE Limited and National Stock Exchange of India Limited regarding receipt of a show cause notice from GST authorities.

Legal / Regulatory Disclosures

Nature of Communication: Show Cause Notice in Form GST DRC-01

Date of Receipt: May 25, 2026

Issuing Authority: Office of the Assistant Commissioner (ST), Royapuram (C) Assessment Circle, North Division, Chennai, Tamil Nadu

Legal Basis: Issued under Section 73 of the Tamil Nadu Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017

Tax Period: Financial Year 2022-23

Reason for Notice: Alleged discrepancies and anomalies observed upon comparison of GSTR-3B monthly returns filed by the Company with corresponding GSTR-7 returns filed by deductors of TDS

Financial Demand Details:

  • Total tax demand: ₹1,352,92,49,106/- (₹676,46,24,553/- each in SGST and CGST)
  • Penalty: ₹135,29,24,910/- (10% of demand each in SGST and CGST)
  • Interest: 18% on both CGST and SGST amounts

Company's Response Status:

  • The Company is in the process of submitting appropriate responses in consultation with its tax advisors
  • The Company believes it has adequate grounds to substantiate its position
  • Will file an appropriate response before the relevant authority within prescribed timelines

Expected Financial Implications:

  • As of now, the Company does not expect any financial liability
  • Exact financial implications cannot be determined until completion of the proceedings

Compliance Information

Disclosure Made Under: Regulation 30 read with sub-regulation 13 and sub-para 8 of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Reference Circulars:

  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025
  • SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Company Representative: Ramji Lal Gupta, Company Secretary

Contact Email: rl.gupta@patanjalifoods.com

Place of Disclosure: Indore