Integrated Filing-Governance



General information about company

Scrip Code 532930
NSE Symbol BGRENERGY
MSEI Symbol NOTLISTED
ISIN INE661I01014
Name of the entity BGR ENERGY SYSTEMS LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity Not applicable during the quarter ended March 31, 2026
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? No
Reason For Part F Of Annexure I Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity Not applicable during the quarter ended March 31, 2026
Risk management committee No
Market Capitalisation as per immediate previous Financial Year Top 2000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID b00108
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mrs. SASIKALA RAGHUPATHY 00490686 Non-Executive - Non Independent Director Chairperson related to Promoter 14-May-1956 No NA 20-Aug-1985 09-Aug-2024 1 0 0 0
2 Mr. ARJUN GOVIND RAGHUPATHY 02700864 Executive Director Not Applicable MD 26-Dec-1989 No NA 11-Nov-2016 11-Nov-2021 1 0 2 0
3 Mr. GANESAN JEYAKRISHNA 03208035 Executive Director Not Applicable 08-Jun-1965 No NA 14-May-2024 14-May-2024 1 0 1 0
4 Mr. KRISHNAMOORTHI MEYYANATHAN 07845698 Non-Executive - Independent Director Not Applicable 15-Jan-1952 No Yes 11-May-2025 14-May-2024 14-May-2025 22.17 2 2 4 4
5 Mr. SURILISUBBU VASUDEVAN 10388399 Non-Executive - Independent Director Not Applicable 31-May-1956 No NA 14-May-2024 14-May-2025 22.17 2 2 2 1
6 Ms. NARMADHA DINAKARAN 01777888 Non-Executive - Independent Director Not Applicable 26-Oct-1984 No NA 29-Mar-2025 29-Mar-2025 12.02 1 1 1 0



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 07845698 KRISHNAMOORTHI MEYYANATHAN Non-Executive - Independent Director Chairperson 14-May-2024
2 10388399 SURILISUBBU VASUDEVAN Non-Executive - Independent Director Member 14-May-2024
3 02700864 ARJUN GOVIND RAGHUPATHY Executive Director Member 14-Nov-2022
4 01777888 NARMADHA DINAKARAN Non-Executive - Independent Director Member 29-Mar-2025



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 07845698 KRISHNAMOORTHI MEYYANATHAN Non-Executive - Independent Director Chairperson 14-May-2024
2 10388399 SURILISUBBU VASUDEVAN Non-Executive - Independent Director Member 14-May-2024
3 00490686 SASIKALA RAGHUPATHY Non-Executive - Non Independent Director Member 13-Nov-2013



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 07845698 KRISHNAMOORTHI MEYYANATHAN Non-Executive - Independent Director Chairperson 14-May-2024
2 03208035 GANESAN JEYAKRISHNA Executive Director Member 14-May-2024
3 02700864 ARJUN GOVIND RAGHUPATHY Executive Director Member 14-Nov-2022



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 14-Nov-2025 Yes 6 6 3
2 13-Feb-2026 90 Yes 6 5 3



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 14-Nov-2025 Yes 4 4 3 0
2 Audit Committee 13-Feb-2026 90 Yes 4 4 3 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) NA
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory S.SUNDAR
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes https://www.bgrcorp.com/details_of_business.php
1.2 Memorandum of Association and Articles of Association Yes https://www.bgrcorp.com/moa-aoa.php
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.bgrcorp.com/board_of_directors.php
2 Terms and conditions of appointment of independent directors Yes https://www.bgrcorp.com/terms_conditions_appointment.php
3 Composition of various committees of board of directors Yes https://www.bgrcorp.com/corporate_governance.php
4 Code of conduct of board of directors and senior management personnel Yes https://www.bgrcorp.com/policy/Code_of_Conduct1.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.bgrcorp.com/policy/Whistle-Blower-Policy-Amended-2020.pdf
6 Criteria of making payments to non-executive directors Yes https://www.bgrcorp.com/policy/Criteria-for-making-payment-to-Non-ED-2026.pdf
7 Policy on dealing with related party transactions Yes https://www.bgrcorp.com/policy/policy-on-related-party-transactions-and-its-materiality1.pdf
8 Policy for determining material subsidiaries Yes https://www.bgrcorp.com/policy/material_subsidiary_policy1.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://www.bgrcorp.com/policy/familiarisation-programme_2020-21.pdf
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.bgrcorp.com/general_information.php
11 Email address for grievance redressal and other relevant details Yes https://www.bgrcorp.com/general_information.php
12 Financial results Yes https://www.bgrcorp.com/financial_results_sebi.php
13 Shareholding pattern Yes https://www.bgrcorp.com/share_ownership.php
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet Yes https://www.bgrcorp.com/sebi_lodr_regulations.php
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls NA
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.bgrcorp.com/shareholders_advertisement_sebi.php
18 Credit rating or revision in credit rating obtained Yes https://www.bgrcorp.com/credit_rating_sebi.php
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.bgrcorp.com/subsidiary_financial_sebi.php
20 Secretarial compliance report Yes https://www.bgrcorp.com/secretarial_compliance_report.php
21 Materiality policy as per regulation 30 (4) Yes https://www.bgrcorp.com/policy/Determination_of_Materiality_of_events.pdf
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://www.bgrcorp.com/lodr_contact_details.php
23 Disclosures under regulation 30(8) Yes https://www.bgrcorp.com/corporateannouncements.php
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) NA
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.bgrcorp.com/sebi_lodr_regulations.php
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes https://www.bgrcorp.com/sebi_lodr_regulations.php
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.bgrcorp.com/sebi_lodr_regulations.php
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) NA
26 Meeting of Risk Management Committee 21(3A) NA
27 Quorum of Risk Management Committee meeting 21(3B) NA
28 Gap between the meetings of the Risk Management Committee 21(3C) NA
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) NA
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) Yes
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) Yes
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) Yes
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) NA
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
Any other information to be provided



Annexure II
1 Name of signatory S.SUNDAR
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. $intratedCg.get("CG_YN_$!integratedFillingMasterDto.cgMasterVO.anx4aAffirmComplStatus")
Name
Designation
Place
Date



Signatory Details
Name of signatory S.SUNDAR
Designation of person Company Secretary and Compliance Officer
Place Chennai
Date 30-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 0
No. of investor complaints disposed off during the Quarter 0
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 Assistant Commissioner (State Tax), Ponneri Assessment Circle Pursuant to the remand directions of the Hon’ble Madras High Court, the Assistant Commissioner (ST) has passed a fresh adjudication order for FY 2018–19 under the TNGST Act, 2017, whereby the original demand has been substantially reduced from ₹210.14 crores to ₹107.90 crores, with the balance demands being partly confirmed and partly dropped. 04-Feb-2026 Alleged GST non-compliances for FY 2018– 19 relating to ITC reversals, advances received and taxability of certain receipts claimed as exempt No material financial impact on the Company at this stage, the Company is going to appeal against the said order.


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Assistant Commissioner (State Tax), Ponneri Assessment Circle 04-Feb-2026 Pursuant to the remand directions of the Hon’ble Madras High Court, the Assistant Commissioner (ST) has passed a fresh adjudication order for FY 2018–19 under the TNGST Act, 2017, whereby the original demand has been substantially reduced from ₹210.14 crores to ₹107.90 crores, with the balance demands being partly confirmed and partly dropped. No material financial impact on the Company at this stage, the Company is going to appeal against the said order. We have submitted documents for issuance of rectification order. The rectification order will be issued within two weeks.
2 Tamil Nadu Transmission Corporation Limited 03-Feb-2026 The contract has been terminated on the grounds of alleged delays and non-completion of the project within the stipulated timelines, as mentioned by TANTRANSCO. TANTRANSCO has further indicated recovery of liquidated damages, cost of materials not consumed and recovery of differential cost for execution of balance works through alternative agencies, in accordance with the terms of the contract. The Company is in the process of examining the termination order and its legal options, including remedies available under the contract and applicable law. The Company will take appropriate steps to protect its interests. There is no material impact on the operations or other activities of the Company. They have issued a termination notice, and we have submitted our response.
3 Office of the Commercial Taxes Officer (CTO), Kota – B Circle, Rajasthan. 18-Feb-2026 Rajasthan VAT issued orders for 2009-10, 2010-11, 2011-12, demanding Rs.634 Cr for delayed deposit of GST amount. Against which the company filed for an Amnesty Scheme and got relief Rs. 606.43 Cr. By remitting Rs.29.1 Cr.Rajasthan Vat authorities also adjusted Rs. 95.65Cr. lying as the VAT credit in our Books. No adverse impact on the Company’s ongoing operations or business activities. We have paid Rs. 29.10 Crs under RVT Amnesty Scheme and we are waiting for the final order from VAT Authorities.
4 Office of the Joint Commissioner of GST, Guntur-Visakhapatnam-Amaravathi Commissionerate, CBIC, Andhra Pradesh 31-Dec-2026 Order-in-Original dated 31st December 2025 has been passed under Sections 74 and 122 of the CGST Act, 2017, confirming a GST demand aggregating to approximately Rs. 32.11 crore for the period April 2018 to March 2021. The Company is in the process of filing an appeal against the said order before the appropriate appellate authority. We have filed our appeal on 31.03.2026 before Commissioner of Central Tax (Appeals).
5 Assistant Commissioner of State Tax, Unit-69, Vyara, Gujarat 30-Dec-2025 The Assistant Commissioner of State Tax, Unit-69 (Vyara), Government of Gujarat, has passed a demand order dated 29th December 2025 under Section 74 of the CGST/GGST Act, 2017, alleging under-reporting of taxable turnover due to differences between turnover reported in GSTR-3B and GST-TDS turnover reflected in GSTR-7 for FY 2018-19, FY 2022-23 and FY 2023-24. The order confirms a demand aggregating to approximately Rs. 4.46 crore (including tax, interest and penalty). The Company has received the order on 30th December 2025 and is in the process of filing an appeal before the appropriate appellate authority. The matter is currently sub judice and there is no major impact on the operations of the Company. We are in the process of filing appeal before Appellate Authority.
6 Office of the Joint Commissioner, Corporate Circle, Kanpur I, Uttar Pradesh 30-Dec-2025 A Demand Order dated 30th December 2025 has been passed under Section 73 of the CGST Act, 2017 by the Joint Commissioner, Corporate Circle, Kanpur I, confirming a GST demand for FY 2021-22 pursuant to the Show Cause Notice dated 30th September 2025. The total demand confirmed aggregates to Rs. 32,72,131.80 (including tax, interest and penalty). The Company has received the order on 30th December 2025 and is planning to file an appeal before the appropriate appellate authority. We are in the process of filing appeal before Appellate Authority.
7 Commissioner (Appeals), Central Goods & Service Tax and Central Excise, Jodhpur 29-Dec-2025 The Commissioner (Appeals), Central Goods & Service Tax and Central Excise, Jodhpur has passed Order-in-Appeal No. 1153-1155 (SCM) CGST/JDR/2025 dated 28th November 2025 in respect of appeals filed by the Company against Order-in-Original No. 10/GST/UDR/2023-24/JC dated 30th July 2024. The order relates to alleged wrongful availment of Input Tax Credit for the period July 2017 to March 2020 involving disputed ITC of approximately Rs. 1.69 crore and interest of approximately Rs. 3.64 lakh. The Company has received the order on 29th December 2025 and is examining the order and evaluating further legal remedies, including filing a further appeal. The Commissioner (Appeals) accepted our reply and set aside for 2017-18, 2018-19 and confirmed partial amount of Rs. 28.94 Lakhs for 2019-20. We are in the process of filing our appeal before GSTAT.
8 Commissioner, CGST, Nellore 29-Dec-2025 Order-in-Original No. NLR-AC-81/2025-26 dated 27th December 2025 has been passed by the Commissioner, CGST, Nellore under Section 74 read with Section 122(2)(b) of the CGST Act, 2017 for FY 2018-19 to FY 2020-21, confirming GST demand of Rs. 1,65,44,188 along with an equal penalty of Rs. 1,65,44,188 and applicable interest. The Company has received the order on 29th December 2025 and is planning to file an appeal before the appropriate appellate authority. We have filed our appeal on 31.03.2026 before Commissioner of Central Tax (Appeals).
9 Assistant Commissioner, Bhubaneswar I Division 31-Oct-2025 A Demand Order dated 31st October 2025 has been passed by the Assistant Commissioner, Bhubaneswar I Division under Section 73 of the CGST Act, 2017 / OGST Act, 2017 for FY 2022-23. The adjudicating authority accepted the Company's defence for FY 2021-22 and dropped the demand of Rs. 64.21 lakh. However, a demand of Rs. 36,14,294 towards excess ITC for FY 2022-23 along with a penalty of Rs. 3,68,940 has been confirmed. The Company received the order on 31st October 2025 and intends to file an appeal before the appropriate appellate authority. We have filed our appeal on 22.01.2026 before Commissioner (Appeals).