TVSSRICHAK2026-10-06TVSSRICHAK2026-10-06ActionsTakenOrOrdersPassedDomain1TVSSRICHAK2026-10-06ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1TVSSRICHAK2026-10-06SignatoriesDomain1iso4217:INRxbrli:pureTVSSRICHAKTVS Srichakra Limited509243NOTLISTEDINE421C01016NewAction(s) taken or orders passed (sub-para 20)false2026-10-0520:47:002026-10-06Imposition of fine or penaltyStatutory AuthorityState Tax Officer, Rudrapur, Uttarakhand1Listed Entity (Self)TVS Srichakra LimitedThe Company has received an order from the State GST Department over email on 05.10.2026 at 8:47 PM, in connection with the detention of a vehicle transporting goods.The Company has received an order from the State GST Department in connection with the detention of a vehicle transporting goods. The proceedings were initiated on the ground that the e-Way Bill generated for the consignment by the supplier was subsequently rejected/cancelled by the recipient due to an inadvertent error, resulting in the movement of goods without a valid e-Way Bill at the time of inspection. Pursuant to the said proceedings, the Department has imposed a penalty on the Company.2026-10-05The Company received a notice followed by an order from the State GST Department, Rudrapur, Uttarakhand, in connection with the detention of a vehicle transporting goods. The proceedings were initiated on the ground that the e-Way Bill generated for the consignment by the supplier was subsequently rejected/cancelled due to an inadvertent error, resulting in the movement of goods without a valid e-Way Bill at the time of inspection. Pursuant to the proceedings, a penalty has been imposed by the Department.FY 2026-27A penalty of Rs.10.71 lakh has been imposed by the Department. The Company is evaluating appropriate legal remedies, including filing an appeal before the competent appellate authority. The Company does not expect any material impact on its operations arising from the said order.The Department has stated in its order that the goods were transported without a valid e-Way Bill at the time of interception, as the e-Way Bill generated for the consignment had been cancelled/rejected. Accordingly, the Department treated the accompanying documents as non-compliant with the applicable GST provisions governing movement of goods.1071000The Department has imposed a penalty of Rs. 10.71 lakh under the applicable provisions of the GST law in relation to the detention of goods and conveyance during transit.Not applicableThe Company is evaluating appropriate legal remedies, including filing an appeal before the competent appellate authority.Chinmoy PatnaikCompany Secretary and Compliance Officer2026-10-06Madurai