V-Guard Receives ₹17.76 Crore GST Show Cause Notice

V-Guard Industries received a show cause notice from GST authorities on April 14, 2026, for FY 2020-21 to 2023-24.
The notice alleges excess input tax credit availment and short payment of GST totaling ₹17.76 crore.
Interest and penalty amounts are not quantified; the company is preparing a rebuttal to challenge the observations.
This is a disclosure under SEBI Listing Regulations following a prior audit report intimation.