Disclosure under Regulation 30 of SEBI Listing Regulations
Reference Number: SEPSL/Sec/SE/2026-27/27
Details of GST Order Received
- Order Type: Form GST ASMT-12
- Reference Number: ZD2907262065734
- Date of Order: July 28, 2026
- Date of Receipt: July 28, 2026 at 13:32 hours (IST)
- Authority: Superintendent of Central Tax, SD-9 Kendriya Sadan, Koramangala, Bangalore - 560034
Background and Nature of Proceedings
The ASMT-12 order was issued in response to an ASMT-10 scrutiny notice for Financial Year 2022-23 under Section 61 of the CGST Act. The original scrutiny notice involved a proposed demand of ₹11,95,68,159 (₹11.96 crore).
The order drops the proceedings considering that GST ADT-01 audit proceedings had already been initiated for the same period (FY 2022-23). The tax department accepted the company's submissions and dropped the proposed demand through this ASMT-12 order.
Financial and Operational Impact
The company explicitly states that the matter stands closed and has no financial impact on the company. The proceedings initiated under the ASMT-10 scrutiny notice for FY 2022-23 have been concluded.