AONESTEELS2026-10-08AONESTEELS2026-10-08ActionsTakenOrOrdersPassedDomain1AONESTEELS2026-10-08ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1AONESTEELS2026-10-08SignatoriesDomain1iso4217:INRxbrli:pureAONESTEELSA-ONE STEELS INDIA LIMITED544952NOTLISTEDINE0OTC01025NewAction(s) taken or orders passed (sub-para 20)false2026-10-0114:09:002026-10-08Imposition of fine or penaltyRegulatory AuthorityAssistant Commissioner / Officer (ST), Hindupur Circle, Ananthapuramu Division, Andhra Pradesh1Listed Entity (Self)A-ONE STEELS INDIA LIMITEDOrder in Form GST DRC-07 under Section 74 (1) of the GST Act, 2017Disallowance/ Excess claim of ITC and tax on corporate guarantee under GST Audit2026-10-01Receipt of Order in Form GST DRC-07 under Section 74(1) of the CGST/APGST Act, 2017 from the Office of the Assistant Commissioner / Officer (ST), Hindupur Circle, Ananthapuramu Division, Andhra Pradesh. The order alleges disallowance / excess claim of Input Tax Credit (ITC) and tax on corporate guarantee under GST Audit, imposing a tax of Rs. 39,11,016/- and total demand (including tax, interest, and penalty) of Rs. 95,30,874/-.2023-24Financials: Demand is limited to the tax, interest, and penalty of ₹95,30,874. Operations: No impact on the regular business operations or activities of the Company.Alleged Disallowance/ Excess claim of ITC and tax on corporate guarantee under GST Audit. Tax imposed under the order is 39,11,016/-3911016Total demand of Rs. 95,30,874/- (including tax imposed of Rs. 39,11,016/-, interest, and penalty) on account of disallowance/excess claim of ITC and tax on corporate guarantee under GST Audit.Demand of tax, interest, and penalty of Rs. 95,30,874/- imposed under Section 74(1) of the CGST/APGST Act, 2017. No suspension, debarment, or closure of operationsThe Company is assessing the legal grounds and will take appropriate steps, including filing an appeal before the appellate authority within the stipulated timeline.The aforesaid order was dated September 24, 2026, however the same were received through speed post at the factory outlet of the company and subsequently, the same were received at the registered office of the company on October 06, 2026 due to statutory/weekly holidays on 02, 03 and 04 October. 2026 at our factory outlet.Pooja Sara NagarajaCompany Secretary and Compliance Officer2026-10-08Bengaluru