Date: 9th June 2026

Regulatory & Legal Disclosure

Authority and Order Details

  • Issuing Authority: Superintendent, Range V, Division – VIII, CGST & C. Ex., Mumbai East Commissionerate, Maharashtra
  • Nature of Order: Favourable order received for Financial Year 2018-19
  • Date of Receipt: Order received by the Company on 9th June 2026

Financial Impact

  • The order drops a tax demand of INR 10,56,954 along with applicable interest and penalty
  • The total monetary impact of the dropped demand is quantifiable as INR 10,56,954 plus applicable interest and penalty

Nature of Violation/Contravention

  • Scrutiny proceedings were initiated for FY 2018-19 in Maharashtra for verification of duplicate e-way bills
  • The alleged violation was recovery of tax, interest and penalty on account of short/less tax paid for the year under consideration due to generation of duplicate e-way bills

Outcome

  • The Superintendent accepted submissions made by the Company
  • The tax demand of INR 10,56,954 along with applicable interest and penalty has been dropped

Compliance Information

  • Disclosure made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI (LODR) Regulations")
  • Signed by Haresh Bachubhai Vala, Company Secretary and Compliance Officer (Membership No.: A18246)

Not Specified

  • KMP / Board / Auditor Changes
  • Dividend Declaration or Non-Declaration
  • Board Meeting Outcomes
  • Financial Results
  • Auditor's Report
  • Disinvestment / Strategic Actions
  • Media Release / Investor Communication
  • Other Operational Disclosures