5445322026-09-235445322026-09-23in-capmkt:StageOfTheLitigationIsConcludedOrDisputeIsResolvedMember5445322026-09-23in-capmkt:DevelopmentInRelationToProceedingsMemberSOLARWORLDSolarworld Energy Solutions Limited544532NOTLISTEDINE0TY101024Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)Regularly till the litigation is concluded or dispute is resolvedNewfalse2026-09-2316:00:002026-09-23Development in relation to proceedingsZNShine Solarworld Private Limited, a wholly-owned subsidiary of the company, received an Order-in-Original regarding a Show Cause Notice under Section 129 of the CGST Act, 2017, and subsequently secured a favorable appellate order for which disclosure is being filed.2026-09-21The appeal filed by ZNShine Solarworld Private Limited (“the Subsidiary”) on September 21, 2026 before the Joint Commissioner (Appeal), State Tax, Uttarakhand, Dehradun, being First Appeal No. 2457/2026 (F.Y. 2026-27), against Order No. ZD0509260176084 dated September 20, 2026 passed by the Assistant Commissioner, State Tax, Mobile Squad, Roorkee under Section 129(3) of the CGST/UKGST Act, 2017, has been allowed in favour of the Subsidiary vide appellate order dated September 23, 2026. The key findings and directions of the appellate order are as under: (a) The impugned order dated September 20, 2026 has been set aside; (b) The penalty of ₹1,22,12,498/- (being 200% of IGST of ₹61,06,249/-) imposed under Section 129 in respect of the imported consignment covered by Bill of Entry No. 3595328 dated September 05, 2026 and E-Way Bill No. 372332296102 dated September 12, 2026 has been annulled; (c) The goods have been held to be genuine imported goods duly covered by the Customs documents and Bill of Entry, and the failure to select the multi-vehicle option on the E-Way Bill portal while transporting the two containers through separate vehicles has been held to be a procedural/documentary lapse which does not establish tax evasion; (d) Any amount deposited by the Subsidiary pursuant to the impugned order (including ₹12,21,250/- deposited on September 21, 2026) shall be refunded/adjusted in accordance with law after verification; and (e) The vehicle and goods, if still under detention, shall be released forthwith, and the Proper Officer shall give consequential effect to the appellate order in the relevant records/portal. The appellate order remains subject to any further appeal that the Department may prefer under the applicable provisions of law.OthersZNShine Solarworld Private Limited (“the Subsidiary”)